Wells Fargo & Company Cuts FrontView REIT (NYSE:FVR) Price Target to $20.00

FrontView REIT (NYSE:FVR) had its price target cut by research analysts at Wells Fargo & Company from $22.00 to $20.00 in a research note issued on Monday,Benzinga reports. The firm presently has an “overweight” rating on the stock. Wells Fargo & Company‘s price objective suggests a potential upside of 18.16% from the company’s previous close.

A number of other brokerages have also weighed in on FVR. Morgan Stanley lowered their price target on shares of FrontView REIT from $23.00 to $22.00 and set an “overweight” rating for the company in a report on Friday, January 3rd. Capital One Financial assumed coverage on FrontView REIT in a report on Tuesday, November 12th. They set an “overweight” rating and a $22.00 price objective for the company. Bank of America assumed coverage on shares of FrontView REIT in a research report on Monday, October 28th. They set a “buy” rating and a $22.00 target price on the stock. Finally, JPMorgan Chase & Co. started coverage on shares of FrontView REIT in a research report on Monday, October 28th. They set an “overweight” rating and a $21.00 price target for the company. Five equities research analysts have rated the stock with a buy rating, According to data from MarketBeat, the stock has an average rating of “Buy” and a consensus target price of $21.40.

FrontView REIT Trading Down 1.8 %

Shares of NYSE:FVR traded down $0.31 during trading on Monday, reaching $16.93. The stock had a trading volume of 12,063 shares, compared to its average volume of 202,031. The firm has a 50-day simple moving average of $18.14. FrontView REIT has a 52 week low of $15.30 and a 52 week high of $19.76.

Institutional Trading of FrontView REIT

A number of large investors have recently bought and sold shares of the business. Nisa Investment Advisors LLC acquired a new position in FrontView REIT during the fourth quarter worth $73,000. SG Americas Securities LLC acquired a new stake in FrontView REIT during the fourth quarter worth approximately $119,000. State of Alaska Department of Revenue bought a new stake in shares of FrontView REIT during the fourth quarter worth approximately $121,000. Asset Management One Co. Ltd. acquired a new position in shares of FrontView REIT in the fourth quarter valued at approximately $178,000. Finally, Rhumbline Advisers bought a new position in shares of FrontView REIT during the fourth quarter worth approximately $295,000.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.