Zacks Investment Research upgraded Federal Realty Investment Trust (NYSE:FRT) to Hold in a report released today.
- Updated: November 29, 2016
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 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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