BMO Capital Sticks to Their Hold Rating for Federal Realty

BMO Capital Sticks to Their Hold Rating for Federal Realty

May 07, 2020


BMO Capital analyst Jeremy Metz maintained a Hold rating on Federal Realty (NYSE:FRT) on Thursday, setting a price target of $89, which is approximately 14.78% above the present share price of $77.54.

Metz expects Federal Realty to post earnings per share (EPS) of $1.92 for the second quarter of 2020.

The current consensus among 12 TipRanks analysts is for a Moderate Buy rating of shares in Federal Realty, with an average price target of $100.45.
The analysts price targets range from a high of $140 to a low of $73.

In its latest earnings report, released on 12/31/2019, the company reported a quarterly revenue of $239.15 million and a net profit of $90.32 million. The company's market cap is $5.84 billion.

According to TipRanks.com, BMO Capital analyst Jeremy Metz is a 3-star analyst with an average return of 0.7% and a 48.5% success rate.

Federal Realty Investment Trust is an equity real estate investment trust, which engages in the ownership, management 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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