Taking this into account, Goldman upgraded its First Industrial Realty Trust, Inc [FR] rating to a Neutral from a a Sell in a research note published on February 21, 2025; the price target was increased to $59 from $52. A number of analysts have revised their coverage, including Deutsche Bank’s analysts, who began to cover the stock in mid January with a ‘”a Hold”‘ rating. KeyBanc Capital Markets also remained covering FR and has increased its forecast on December 17, 2024 with a “Sector weight” recommendation from previously “an Underweight” rating. Wolfe Research revised its rating on August 13, 2024. It rated FR as “an Outperform” which previously was an “a Peer perform”.
Price Performance Review of FR
On Monday, First Industrial Realty Trust, Inc [NYSE:FR] saw its stock jump 0.93% to $47.75. Over the last five days, the stock has gained 5.04%. First Industrial Realty Trust, Inc shares have fallen nearly -4.75% since the year began. Nevertheless, the stocks have risen 4.93% over the past one year. While a 52-week high of $58.17 was reached on 03/07/25, a 52-week low of $40.31 was recorded on 04/09/25. SMA at 50 days reached $52.50, while 200 days put it at $53.28.
Levels Of Support And Resistance For FR Stock
The 24-hour chart illustrates a support level at 47.25, which if violated will result in even more drops to 46.74. On the upside, there is a resistance level at 48.19. A further resistance level may holdings at 48.63. The Relative Strength Index (RSI) on the 14-day chart is 44.83, which indicates neutral technical sentiment, while the Moving Average Convergence Divergence (MACD) stands at 1.22, which suggests price will go up in the next trading period. Percent R suggests that price movement has been bullish at 9.21%. Stochastics %K at 87.14% indicates the stock is a selling.
How much short interest is there in First Industrial Realty Trust, Inc?
A steep rise in short interest was recorded in First Industrial Realty Trust, Inc stocks on 2025-04-15, growing by 1.14 million shares to a total of 3.06 million shares. Yahoo Finance data shows the prior-month short interest on 2025-03-14 was 1.92 million shares. There was a rise of 37.29%, which implies that there is a positive sentiment for the stock.
The most recent change occurred on June 04, 2024 when Exane BNP Paribas began covering the stock and recommended ‘”an Outperform”‘ rating along with a $57 price target.
