▼ -15.50% Downside Potential
This price target is based on 7 analysts offering 12 month price targets for First Industrial Realty Trust in the last 3 months. The average price target is $42.10, with a high forecast of $53.00 and a low forecast of $19.50. The average price target represents a -15.50% upside from the last price of $49.82.
The current consensus among 7 polled investment analysts is to buy stock in First Industrial Realty Trust. This rating has held steady since April 2020, when it changed from a Hold consensus rating.
First Industrial Realty Trust, Inc. (NYSE: FR) is a leading fully integrated owner, operator, and developer of industrial real estate with a track record of providing industry-leading customer service to multinational corporations and regional customers. Across major markets in the United States, our local market experts manage, lease, buy, (re)develop, and sell bulk and regional distribution centers, light industrial, and other industrial facility types. In total, we own and have under development approximately 64.1 million square feet of industrial space as of September 30, 2020.