Breaking Finance News

Zacks Investment Research upgraded Federal Realty Investment Trust (NYSE:FRT) to Hold in a report released today.

Zacks Investment Research has upgraded Federal Realty Investment Trust (NYSE:FRT) to Hold in a report released on 11/29/2016.

Just yesterday Federal Realty Investment Trust (NYSE:FRT) traded 0.29% higher at $141.54. Federal Realty Investment Trust’s 50-day moving average is $142.58 and its 200-day moving average is $154.85. The last stock price is down -8.57% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.03% over the same time period. 213,842 shares of FRT traded hands, down from an average trading volume of 455,738

Recent Performance Chart

Federal Realty Investment Trust (NYSE:FRT)

Federal Realty Investment Trust has 52 week low of $134.39 and a 52 week high of $171.08 with a PE ratio of 38.50 and has a market capitalization of $0.

In addition to Zacks Investment Research reporting its stock price target, a total of 17 brokerages have issued a ratings update on the company. The average stock price target is $156.12 with 3 brokerages rating the stock a strong buy, 3 brokerages rating the stock a buy, 12 brokerages rating the stock a hold, 1 brokerage rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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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