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Federal Realty Investment Trust (NYSE:FRT) has been given an average rating of “Hold” by the twelve brokerages that are currently covering the stock, AmericanBankingNews.com reports. Eight investment analysts have rated the stock with a hold recommendation and four have issued a buy recommendation on the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is $116.89.

Shares of Federal Realty Investment Trust (NYSE:FRT) opened at 123.05 on Thursday. Federal Realty Investment Trust has a one year low of $95.84 and a one year high of $123.75. The stock’s 50-day moving average is $120.6 and its 200-day moving average is $113.8. The company has a market cap of $8.278 billion and a P/E ratio of 49.16.

Federal Realty Investment Trust (NYSE:FRT) last issued its quarterly earnings data on Thursday, May 8th. The company reported $1.21 earnings per share (EPS) for the quarter, beating the consensus estimate of $1.19 by $0.02. The company had revenue of $170.80 million for the quarter, compared to the consensus estimate of $164.60 million. During the same quarter in the previous year, the company posted $1.14 earnings per share. The company’s revenue for the quarter was up 8.7% on a year-over-year basis. Analysts expect that Federal Realty Investment Trust will post $4.92 EPS for the current fiscal year.

Several analysts have recently commented on the stock. Analysts at Zacks reiterated a “neutral” rating on shares of Federal Realty Investment Trust in a research note on Monday, July 7th. They now have a $127.00 price target on the stock. Separately, analysts at ISI Group downgraded shares of Federal Realty Investment Trust from a “buy” rating to a “neutral” rating in a research note on Monday, June 9th. Finally, analysts at Citigroup Inc. reiterated a “hold” rating on shares of Federal Realty Investment Trust in a research note on Friday, May 16th. They now have a $119.00 price target on the stock, up previously from $117.00.

Federal Realty Investment Trust (NYSE:FRT) is an equity real estate investment trust (REIT) specializing in the ownership, management, and redevelopment of retail and mixed-use properties located in metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California.

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