FrontView REIT (NYSE:FVR) Given “Buy” Rating at JonesTrading

FrontView REIT (NYSE:FVRGet Free Report)‘s stock had its “buy” rating reissued by investment analysts at JonesTrading in a research note issued to investors on Tuesday,Benzinga reports. They presently have a $19.00 target price on the stock. JonesTrading’s price target indicates a potential upside of 4.54% from the stock’s previous close.

A number of other analysts also recently commented on the company. Weiss Ratings upgraded FrontView REIT from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 1st. BMO Capital Markets assumed coverage on FrontView REIT in a report on Friday, April 17th. They set an “outperform” rating and a $20.00 price objective for the company. JPMorgan Chase & Co. upped their price objective on FrontView REIT from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Thursday, May 28th. Zacks Research downgraded FrontView REIT from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Finally, Wells Fargo & Company upped their price objective on FrontView REIT from $18.00 to $19.00 and gave the stock an “overweight” rating in a report on Monday. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, three have given a Hold rating and two have issued a Sell rating to the company’s stock. According to MarketBeat.com, FrontView REIT has a consensus rating of “Hold” and an average target price of $17.81.

Read Our Latest Analysis on FrontView REIT

FrontView REIT Price Performance

FVR stock traded up $0.27 on Tuesday, reaching $18.18. The company had a trading volume of 231,259 shares, compared to its average volume of 105,407. FrontView REIT has a 1 year low of $10.81 and a 1 year high of $18.49. The company has a debt-to-equity ratio of 0.61, a quick ratio of 0.69 and a current ratio of 0.69. The company’s fifty day moving average is $16.99 and its 200 day moving average is $16.15. The company has a market cap of $411.70 million, a P/E ratio of -113.75, a PEG ratio of 0.87 and a beta of 1.24.

Institutional Investors Weigh In On FrontView REIT

Hedge funds have recently bought and sold shares of the business. Waterfall Asset Management LLC bought a new position in shares of FrontView REIT during the third quarter worth about $2,673,000. Principal Financial Group Inc. bought a new position in shares of FrontView REIT during the third quarter worth about $2,722,000. One Wealth Management Investment & Advisory Services LLC bought a new position in shares of FrontView REIT during the fourth quarter worth about $2,442,000. TD Waterhouse Canada Inc. bought a new position in shares of FrontView REIT during the third quarter worth about $515,000. Finally, First Eagle Investment Management LLC bought a new position in shares of FrontView REIT during the third quarter worth about $411,000.

About FrontView REIT

(Get Free Report)

FrontView REIT specializes in real estate investing.

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Analyst Recommendations for FrontView REIT (NYSE:FVR)

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