FrontView REIT (NYSE:FVR) Earns Strong-Buy Rating from Analysts at Raymond James Financial

Analysts at Raymond James Financial started coverage on shares of FrontView REIT (NYSE:FVR) in a report released on Tuesday, Marketbeat.com reports. The brokerage set a “strong-buy” rating and a $22.00 price target on the stock. Raymond James Financial’s price target suggests a potential upside of 16.15% from the stock’s previous close.

Other research analysts have also recently issued reports about the stock. Compass Point started coverage on shares of FrontView REIT in a report on Monday, June 1st. They issued a “buy” rating and a $21.00 target price for the company. Zacks Research cut shares of FrontView REIT from a “strong-buy” rating to a “hold” rating in a report on Monday, March 9th. Weiss Ratings raised shares of FrontView REIT from a “sell (d)” rating to a “sell (d+)” rating in a report on Friday, May 1st. BMO Capital Markets started coverage on shares of FrontView REIT in a report on Friday, April 17th. They issued an “outperform” rating and a $20.00 target price for the company. Finally, Wells Fargo & Company increased their target price on shares of FrontView REIT from $18.00 to $19.00 and gave the company an “overweight” rating in a report on Monday, June 1st. Two analysts have rated the stock with a Strong Buy rating, four have issued a Buy rating, three have issued a Hold rating and two have issued a Sell rating to the company’s stock. According to data from MarketBeat, the company has an average rating of “Moderate Buy” and a consensus price target of $18.28.

FrontView REIT Trading Up 0.6%

Shares of FrontView REIT stock opened at $18.94 on Tuesday. FrontView REIT has a 12-month low of $10.81 and a 12-month high of $19.16. The company has a current ratio of 0.69, a quick ratio of 0.69 and a debt-to-equity ratio of 0.61. The stock has a market cap of $429.01 million, a PE ratio of -118.38, a price-to-earnings-growth ratio of 0.92 and a beta of 1.24. The company has a 50-day moving average of $17.27 and a two-hundred day moving average of $16.31.

Institutional Inflows and Outflows

Hedge funds have recently modified their holdings of the business. Kestra Advisory Services LLC purchased a new position in shares of FrontView REIT during the 4th quarter worth approximately $30,000. Strs Ohio purchased a new position in shares of FrontView REIT during the 1st quarter worth approximately $35,000. Public Employees Retirement System of Ohio purchased a new position in shares of FrontView REIT during the 4th quarter worth approximately $106,000. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. increased its stake in shares of FrontView REIT by 13.6% during the 2nd quarter. MIRAE ASSET GLOBAL ETFS HOLDINGS Ltd. now owns 9,680 shares of the company’s stock worth $116,000 after purchasing an additional 1,156 shares in the last quarter. Finally, Resona Asset Management Co. Ltd. increased its stake in shares of 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 purchasing an additional 1,348 shares in the last quarter.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.