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A statement released earlier today by BMO Capital Markets about Federal Realty Investment Trust (NYSE:FRT) bumps the target price to $145.00

Boasting a price of $129.92, Federal Realty Investment Trust (NYSE:FRT) traded -0.47% lower on the day. With the last stock price close down 0.30% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Federal Realty Investment Trust has recorded a 50-day average of $129.87 and a two hundred day average of $129.97. Trading volume was down over the average, with 296,719 shares of FRT changing hands under the typical 472,945

BMO Capital Markets bumped up the target of Federal Realty Investment Trust (NYSE:FRT) to $145.00 stating a potential upside of 0.12%.

Recent Performance Chart

Federal Realty Investment Trust (NYSE:FRT)

Federal Realty Investment Trust has PE ratio of 37.75 with a one year low of $120.50 and a one year high of $160.15 and has a market capitalization of $0.

In addition to BMO Capital Markets reporting its stock price target, a total of 17 brokers have issued a research note on the company. The average stock price target is $156.12 with 3 brokers rating the stock a strong buy, 3 brokers rating the stock a buy, 12 brokers rating the stock a hold, 1 analyst rating the company a underperform, and lastly zero analysts rating the company a sell.

More About Federal Realty Investment Trust (NYSE:FRT)

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida. As of December 31, 2016, the Company owned or had an interest in community and neighborhood shopping centers and mixed-use properties, which operated as 96 retail real estate projects and included approximately 22.6 million square feet. As of December 31, 2016, its 96 retail shopping center and mixed-use properties were located in 12 states and the District of Columbia. As of December 31, 2016, there were approximately 2,900 leases with tenants providing a range of retail products and services. These tenants range from sole proprietorships to national retailers, or corporate group of tenants.

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