Jefferies Reiterates a Hold Rating on Federal Realty (FRT)


In a report released today, Omotayo Okusanya from Jefferies reiterated a Hold rating on Federal Realty (FRT), with a price target of $123. The company’s shares opened today at $128.80.

According to TipRanks.com, Okusanya is a 4-star analyst with an average return of 7.4% and a 59.7% success rate. Okusanya covers the Financial sector, focusing on stocks such as Apartment Investment & Management, Retail Properties of America Inc, and Senior Housing Properties Trust.

Federal Realty has an analyst consensus of Strong Buy, with a price target consensus of $139.50.

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The company has a one-year high of $134.52 and a one-year low of $106.41. Currently, Federal Realty has an average volume of 396.3K.

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Federal Realty Investment Trust is an equity real estate investment trust, which engages in the ownership, management, acquisition and redevelopment of high quality retail focus properties. The company was founded by Samuel J. Gorlitz in 1962 and is headquartered in Rockville, MD.

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