BMO Capital Markets Says That Federal Realty Investment Trust (NYSE:FRT) Has $145.00 Stock Target

September 17, 2017 - By Richard Conner

 BMO Capital Markets Says That Federal Realty Investment Trust (NYSE:FRT) Has $145.00 Stock Target

Investors sentiment decreased to 1.03 in Q4 2016. Its down 0.13, from 1.16 in 2016Q3. It turned negative, as 40 investors sold Federal Realty Investment Trust shares while 119 reduced holdings. 35 funds opened positions while 128 raised stakes. 64.05 million shares or 1.05% more from 63.38 million shares in 2016Q3 were reported.

Natl Bank Of Ny Mellon Corp stated it has 0.03% of its portfolio in Federal Realty Investment Trust (NYSE:FRT). Swiss State Bank holds 0.12% of its portfolio in Federal Realty Investment Trust (NYSE:FRT) for 519,222 shares. M&R Cap Management reported 0.01% in Federal Realty Investment Trust (NYSE:FRT). Cibc Asset Inc has invested 0.02% in Federal Realty Investment Trust (NYSE:FRT). Exxonmobil Inv Tx stated it has 16,616 shares or 0.05% of all its holdings. Fmr Ltd Co reported 57,373 shares. North Carolina-based Horizon Invs Lc has invested 0.03% in Federal Realty Investment Trust (NYSE:FRT). Comm National Bank & Trust has invested 0.01% of its portfolio in Federal Realty Investment Trust (NYSE:FRT). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt, a Alberta – Canada-based fund reported 94,100 shares. Virtu Finance Ltd Limited Liability Company has 2,313 shares. Moreover, Exane Derivatives has 0% invested in Federal Realty Investment Trust (NYSE:FRT) for 1 shares. Alliancebernstein Lp owns 354,620 shares for 0.04% of their portfolio. Shell Asset Mngmt accumulated 12,693 shares. Bridgewater Assocs Ltd Partnership stated it has 4,100 shares. Royal Natl Bank Of Canada owns 0.01% invested in Federal Realty Investment Trust (NYSE:FRT) for 102,488 shares.

Why Has BMO Capital Markets Given Federal Realty Investment Trust (NYSE:FRT) a $145.00 Price Target

Expert analysts at BMO Capital Markets has started coverage on Federal Realty Investment Trust (NYSE:FRT) with a key Outperform rating. The target price for FRT is exactly $145.00. It gives a possible upside of 11.54 % from company’s close price.

Investors sentiment decreased to 1.03 in Q4 2016. Its down 0.13, from 1.16 in 2016Q3. It turned negative, as 40 investors sold Federal Realty Investment Trust shares while 119 reduced holdings. 35 funds opened positions while 128 raised stakes. 64.05 million shares or 1.05% more from 63.38 million shares in 2016Q3 were reported.

Natl Bank Of Ny Mellon Corp stated it has 0.03% of its portfolio in Federal Realty Investment Trust (NYSE:FRT). Swiss State Bank holds 0.12% of its portfolio in Federal Realty Investment Trust (NYSE:FRT) for 519,222 shares. M&R Cap Management reported 0.01% in Federal Realty Investment Trust (NYSE:FRT). Cibc Asset Inc has invested 0.02% in Federal Realty Investment Trust (NYSE:FRT). Exxonmobil Inv Tx stated it has 16,616 shares or 0.05% of all its holdings. Fmr Ltd Co reported 57,373 shares. North Carolina-based Horizon Invs Lc has invested 0.03% in Federal Realty Investment Trust (NYSE:FRT). Comm National Bank & Trust has invested 0.01% of its portfolio in Federal Realty Investment Trust (NYSE:FRT). Her Majesty The Queen In Right Of The Province Of Alberta As Represented By Alberta Investment Mgmt, a Alberta – Canada-based fund reported 94,100 shares. Virtu Finance Ltd Limited Liability Company has 2,313 shares. Moreover, Exane Derivatives has 0% invested in Federal Realty Investment Trust (NYSE:FRT) for 1 shares. Alliancebernstein Lp owns 354,620 shares for 0.04% of their portfolio. Shell Asset Mngmt accumulated 12,693 shares. Bridgewater Assocs Ltd Partnership stated it has 4,100 shares. Royal Natl Bank Of Canada owns 0.01% invested in Federal Realty Investment Trust (NYSE:FRT) for 102,488 shares.

Federal Realty Investment Trust (NYSE:FRT) Ratings Coverage

Among 16 analysts covering Federal Realty Investment Trust (NYSE:FRT), 8 have Buy rating, 2 Sell and 6 Hold. Therefore 50% are positive. Federal Realty Investment Trust has $176 highest and $136.0 lowest target. $150.67’s average target is 15.90% above currents $130 stock price. Federal Realty Investment Trust had 38 analyst reports since July 21, 2015 according to SRatingsIntel. On Thursday, August 11 the stock rating was maintained by Citigroup with “Neutral”. Deutsche Bank maintained the stock with “Hold” rating in Monday, July 18 report. Evercore downgraded the shares of FRT in report on Monday, August 14 to “Underperform” rating. The stock has “Buy” rating by Seaport Global on Friday, April 28. The stock of Federal Realty Investment Trust (NYSE:FRT) earned “Neutral” rating by Citigroup on Friday, August 21. On Friday, June 24 the stock rating was downgraded by Stifel Nicolaus to “Hold”. The stock of Federal Realty Investment Trust (NYSE:FRT) earned “Hold” rating by Deutsche Bank on Wednesday, August 17. BMO Capital Markets initiated the stock with “Buy” rating in Monday, September 11 report. The company was maintained on Friday, August 21 by Canaccord Genuity. On Monday, October 12 the stock rating was downgraded by Sandler O’Neill to “Hold”.

The stock decreased 0.74% or $0.97 on September 15, reaching $130. About 659,934 shares traded or 47.95% up from the average. Federal Realty Investment Trust (NYSE:FRT) has declined 16.62% since September 17, 2016 and is downtrending. It has underperformed by 33.32% the S&P500.

Analysts expect Federal Realty Investment Trust (NYSE:FRT) to report $1.48 EPS on November, 1.They anticipate $0.07 EPS change or 4.96 % from last quarter’s $1.41 EPS. FRT’s profit would be $106.90 million giving it 21.96 P/E if the $1.48 EPS is correct. After having $1.49 EPS previously, Federal Realty Investment Trust’s analysts see -0.67 % EPS growth.

Federal Realty Investment Trust is an equity real estate investment trust . The company has market cap of $9.39 billion. The Firm 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. It has a 41.61 P/E ratio. As of December 31, 2016, the Company owned or had an interest in community and neighborhood shopping centers and mixed-use properties, which operated as 96 retail real estate projects and included approximately 22.6 million square feet.

More notable recent Federal Realty Investment Trust (NYSE:FRT) news were published by: Nasdaq.com which released: “APG Asset Management US Inc. Buys Federal Realty Investment Trust, GGP Inc …” on July 21, 2017, also Prnewswire.com with their article: “Federal Realty Investment Trust Announces Third Quarter 2017 Earnings Release …” published on September 14, 2017, Prnewswire.com published: “Federal Realty Investment Trust to Present at Bank of America Merrill Lynch …” on September 05, 2017. More interesting news about Federal Realty Investment Trust (NYSE:FRT) were released by: Seekingalpha.com and their article: “Federal Realty Investment Trust’s (FRT) CEO Donald Wood on Q2 2017 Results …” published on August 03, 2017 as well as Seekingalpha.com‘s news article titled: “Simon Property Group And Federal Realty Investment Trust” with publication date: May 14, 2017.

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