The price of FRT is predicted to go up 3.24%, based on the high correlation periods with UMH. The similarity of these two price pattern on the periods is 95.56%.
FRT
UMH
Federal Realty reports peer-leading population density and annual household income in proximity to its centers, providing a strong demographic base for its tenants.
Federal Realty could benefit as the US cuts its physical retail presence, attracting quality tenants to its properties as inferior centers go under.
Federal Realty continues to sign new leases at robust double-digit spreads, suggesting solid internal growth prospects upon lease expiration.
JP Morgan
2024-12-20
Price Target
$122 → $125
Upside
+11.69%
Scotiabank
2024-11-25
Price Target
$119 → $126
Upside
+8.64%
Scotiabank
2024-10-11
Price Target
$120 → $119
Upside
+6.77%