FrontView REIT (NYSE:FVR) Stock Price Expected to Rise, JonesTrading Analyst Says

FrontView REIT (NYSE:FVRGet Free Report) had its target price boosted by research analysts at JonesTrading from $19.00 to $21.00 in a report released on Wednesday,Benzinga reports. The firm presently has a “buy” rating on the stock. JonesTrading’s target price would indicate a potential upside of 3.22% from the company’s previous close.

Several other equities analysts have also commented on the stock. Raymond James Financial started coverage on shares of FrontView REIT in a report on Tuesday, June 9th. They issued a “strong-buy” rating and a $22.00 target price on the stock. Wells Fargo & Company upped their price target on shares of FrontView REIT from $18.00 to $19.00 and gave the stock an “overweight” rating in a report on Monday, June 1st. JPMorgan Chase & Co. increased their price target on shares of FrontView REIT from $17.00 to $18.00 and gave the stock a “neutral” rating in a research report on Thursday, May 28th. Zacks Research cut shares of FrontView REIT from a “strong-buy” rating to a “hold” rating in a research note on Monday, March 9th. Finally, BMO Capital Markets began coverage on shares of FrontView REIT in a research report on Friday, April 17th. They set an “outperform” rating and a $20.00 price objective for the company. One investment analyst has rated the stock with a Strong Buy rating, six have issued a Buy rating, three have issued a Hold rating and one has assigned a Sell rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and a consensus price target of $19.88.

View Our Latest Stock Analysis on FVR

FrontView REIT Price Performance

Shares of FVR traded up $0.12 during trading hours on Wednesday, hitting $20.34. 70,086 shares of the company were exchanged, compared to its average volume of 149,351. The company has a market cap of $460.81 million, a price-to-earnings ratio of -127.16, a P/E/G ratio of 1.60 and a beta of 1.23. The firm’s fifty day moving average is $18.42 and its 200 day moving average is $16.83. FrontView REIT has a fifty-two week low of $11.19 and a fifty-two week high of $20.52. The company has a quick ratio of 0.69, a current ratio of 0.69 and a debt-to-equity ratio of 0.61.

Hedge Funds Weigh In On FrontView REIT

Large investors have recently bought and sold shares of the company. CWM LLC boosted its stake in shares of FrontView REIT by 10.8% during the fourth quarter. CWM LLC now owns 10,283 shares of the company’s stock valued at $152,000 after purchasing an additional 1,001 shares in the last quarter. Sei Investments Co. increased its stake in shares of FrontView REIT by 6.6% in the third quarter. Sei Investments Co. now owns 17,601 shares of the company’s stock valued at $241,000 after buying an additional 1,084 shares during the period. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. raised its holdings in FrontView REIT by 13.6% in the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock valued at $116,000 after buying an additional 1,156 shares during the last quarter. Rhumbline Advisers raised its holdings in FrontView REIT by 8.4% in the 2nd quarter. Rhumbline Advisers now owns 16,688 shares of the company’s stock valued at $200,000 after buying an additional 1,288 shares during the last quarter. Finally, Resona Asset Management Co. Ltd. boosted its position in FrontView REIT by 16.5% during the 4th quarter. Resona Asset Management Co. Ltd. now owns 9,501 shares of the company’s stock worth $143,000 after buying an additional 1,348 shares during the period.

About FrontView REIT

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FrontView REIT specializes in real estate investing.

Further Reading

Analyst Recommendations for FrontView REIT (NYSE:FVR)

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