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Boenning Scattergood downgraded Federal Realty Investment Trust (NYSE:FRT) to Neutral in a report released today.

Yesterday Federal Realty Investment Trust (NYSE:FRT) traded 0.00% even at $153.93. The company’s 50-day moving average is $157.81 and its 200-day moving average is $158.31. The last closing price is down -2.77% from the 200-day moving average, compared to the S&P 500 which has decreased -0.01% over the same time period. 698,000 shares of the stock traded hands, up from an average trading volume of 376,839

Boenning Scattergood has downgraded Federal Realty Investment Trust (NYSE:FRT) to Neutral in a report released on 10/03/2016.

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Federal Realty Investment Trust (NYSE:FRT)

Federal Realty Investment Trust has a 52 week low of $137.92 and a 52 week high of $171.08 with a P/E ratio of 42.65 The company’s market cap is currently $0.

In addition to Boenning Scattergood reporting its stock price target, a total of 17 brokers have issued a report 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 broker rating the stock a underperform, and finally 0 brokers rating the stock a sell.

General Information About Federal Realty Investment Trust (NYSE:FRT)

Federal Realty Investment Trust is an equity real estate investment trust (REIT) engaged in the ownership, management, and redevelopment of retail and mixed-use properties. The Trust owns or holds interests in community and neighborhood shopping centers and mixed-use properties, which are operated as approximately 90 retail real estate projects consisting approximately 21.4 million square feet, located primarily in the Northeast and Mid-Atlantic regions of the United States, as well as in California. The Company owns approximately six retail real estate properties through a joint venture. The Trust's properties are located in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida. The Trust offers various options in specialty leasing and partnership marketing, which include carts and kiosks; temporary in-line store locations; holiday advertising and marketing, and environmental partnerships.

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