Shares of Federal Realty Investment Trust (NYSE:FRT) traded today at $128.41, eclipsing its 52-week high. So far today approximately 188,000 shares have been exchanged, as compared to an average 30-day volume of 442,000 shares.
Federal Realty Investment Trust (NYSE:FRT) is currently priced 21.9% above its average consensus analyst price target of $100.12.
Over the past year, Federal Realty Investment Trust has traded in a range of $67.90 to $128.41 and is now at $128.12, 89% above that low.
Federal Realty Investment Trust is a shopping center-focused retail real estate investment trust that owns high-quality properties in eight of the largest metropolitan markets. Its portfolio includes an interest in 101 properties, which includes 23.4 million square feet of retail space and over 2,600 multifamily units. Federal’s retail portfolio includes grocery-anchored centers, superregional centers, power centers, and mixed-use urban centers.
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