FrontView REIT (NYSE:FVR) Given New $19.00 Price Target at Wells Fargo & Company

FrontView REIT (NYSE:FVRGet Free Report) had its price target raised by Wells Fargo & Company from $18.00 to $19.00 in a research report issued on Monday,Benzinga reports. The brokerage currently has an “overweight” rating on the stock. Wells Fargo & Company‘s target price suggests a potential upside of 5.79% from the stock’s current price.

Other equities analysts have also issued reports about the stock. B. Riley Financial initiated coverage on shares of FrontView REIT in a report on Thursday, March 19th. They issued a “buy” rating and a $20.50 price target on the stock. BMO Capital Markets initiated coverage on shares of FrontView REIT in a report on Friday, April 17th. They issued an “outperform” rating and a $20.00 price target on the stock. Compass Point initiated coverage on shares of FrontView REIT in a report on Monday. They issued a “buy” rating and a $21.00 price target on the stock. Zacks Research lowered shares of FrontView REIT from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Finally, JPMorgan Chase & Co. lifted their price target on shares of FrontView REIT from $17.00 to $18.00 and gave the stock a “neutral” rating in a report on Thursday. One investment analyst has rated the stock with a Strong Buy rating, four have given a Buy rating, three have issued a Hold rating and two have assigned a Sell rating to the stock. According to MarketBeat, FrontView REIT currently has an average rating of “Hold” and an average price target of $17.81.

Read Our Latest Report on FrontView REIT

FrontView REIT Stock Up 1.2%

NYSE FVR traded up $0.22 on Monday, hitting $17.96. The stock had a trading volume of 69,355 shares, compared to its average volume of 136,596. The business’s fifty day moving average price is $16.95 and its 200 day moving average price is $16.12. The company has a debt-to-equity ratio of 0.61, a current ratio of 0.69 and a quick ratio of 0.69. FrontView REIT has a 52-week low of $10.81 and a 52-week high of $18.49. The stock has a market cap of $406.79 million, a price-to-earnings ratio of -112.21, a price-to-earnings-growth ratio of 0.87 and a beta of 1.24.

Institutional Trading of FrontView REIT

A number of institutional investors and hedge funds have recently added to or reduced their stakes in FVR. Corient Private Wealth LLC lifted its position in FrontView REIT by 353.1% during the 4th quarter. Corient Private Wealth LLC now owns 760,883 shares of the company’s stock worth $11,231,000 after acquiring an additional 592,940 shares during the period. Invesco Ltd. lifted its position in FrontView REIT by 2,897.7% during the 4th quarter. Invesco Ltd. now owns 421,933 shares of the company’s stock worth $6,228,000 after acquiring an additional 407,858 shares during the period. First Eagle Investment Management LLC lifted its position in FrontView REIT by 1,230.4% during the fourth quarter. First Eagle Investment Management LLC now owns 399,126 shares of the company’s stock valued at $5,891,000 after purchasing an additional 369,126 shares during the period. SlateStone Wealth LLC acquired a new position in FrontView REIT during the fourth quarter valued at $3,645,000. Finally, Principal Financial Group Inc. acquired a new position in FrontView REIT during the third quarter valued at $2,722,000.

About FrontView REIT

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FrontView REIT specializes in real estate investing.

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Analyst Recommendations for FrontView REIT (NYSE:FVR)

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