Federal Realty Investment Trust (FRT) Given a $142.00 Price Target at BMO Capital Markets

Federal Realty Investment Trust (NYSE:FRT) has been assigned a $142.00 price objective by research analysts at BMO Capital Markets in a report released on Tuesday. The brokerage presently has a “buy” rating on the real estate investment trust’s stock. BMO Capital Markets’ price target would indicate a potential upside of 28.79% from the company’s previous close.

Other equities research analysts also recently issued reports about the stock. Boenning Scattergood set a $140.00 target price on shares of Federal Realty Investment Trust and gave the company a “buy” rating in a research note on Friday, December 8th. Wells Fargo & Co cut their target price on shares of Federal Realty Investment Trust from $151.00 to $144.00 and set an “outperform” rating for the company in a research note on Tuesday, February 6th. They noted that the move was a valuation call. Mizuho reiterated a “buy” rating and issued a $142.00 target price on shares of Federal Realty Investment Trust in a research note on Friday, November 3rd. Stifel Nicolaus assumed coverage on shares of Federal Realty Investment Trust in a report on Thursday, November 30th. They issued a “buy” rating and a $144.00 price target on the stock. Finally, UBS Group raised shares of Federal Realty Investment Trust from a “neutral” rating to a “buy” rating and increased their price target for the company from $131.00 to $141.00 in a report on Thursday, November 9th. One research analyst has rated the stock with a sell rating, two have given a hold rating and eleven have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and an average price target of $141.08.

Shares of Federal Realty Investment Trust (NYSE:FRT) opened at $110.26 on Tuesday. Federal Realty Investment Trust has a one year low of $106.64 and a one year high of $143.79. The stock has a market cap of $7,997.57, a PE ratio of 26.89, a P/E/G ratio of 2.98 and a beta of 0.23. The company has a quick ratio of 1.23, a current ratio of 1.23 and a debt-to-equity ratio of 1.27.

Federal Realty Investment Trust (NYSE:FRT) last issued its earnings results on Tuesday, February 13th. The real estate investment trust reported $1.30 earnings per share (EPS) for the quarter, beating the Thomson Reuters’ consensus estimate of $0.73 by $0.57. Federal Realty Investment Trust had a net margin of 35.50% and a return on equity of 13.28%. During the same period in the prior year, the company posted $0.80 earnings per share. equities analysts predict that Federal Realty Investment Trust will post 5.91 earnings per share for the current fiscal year.

Institutional investors have recently added to or reduced their stakes in the business. Advisor Group Inc. raised its holdings in Federal Realty Investment Trust by 27.4% in the 2nd quarter. Advisor Group Inc. now owns 1,380 shares of the real estate investment trust’s stock valued at $173,000 after acquiring an additional 297 shares during the period. Advisor Partners LLC bought a new position in shares of Federal Realty Investment Trust during the third quarter worth approximately $203,000. Magnetar Financial LLC bought a new position in shares of Federal Realty Investment Trust during the third quarter worth approximately $207,000. Lourd Capital LLC bought a new position in shares of Federal Realty Investment Trust during the fourth quarter worth approximately $211,000. Finally, American Assets Capital Advisers LLC bought a new position in shares of Federal Realty Investment Trust during the fourth quarter worth approximately $212,000. 94.47% of the stock is currently owned by hedge funds and other institutional investors.

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About Federal Realty Investment Trust

Federal Realty Investment Trust is an equity real estate investment trust (REIT). The Company specializes in the ownership, management and redevelopment of retail and mixed-use properties located primarily in affluent communities in selected metropolitan markets in the Northeast and Mid-Atlantic regions of the United States, as well as in California and South Florida.

Analyst Recommendations for Federal Realty Investment Trust (NYSE:FRT)

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