# First Industrial Realty Trust (FR) — Analyst Forecast

FR · NYSE · Stock

Canonical page: https://www.lighthorse.io/tickers/fr/forecast

## Analyst consensus

| Consensus | Buy | Hold | Sell | Analysts |
| --- | --- | --- | --- | --- |
| Buy | 10 | 7 | 0 | 17 |

## Price target

| Low | Average | High | Analysts |
| --- | --- | --- | --- |
| $66.00 | $70.71 | $75.00 | 7 |

Last price $58.78 (as of Oct 15, 2026).

## Recent analyst ratings

| Date | Firm | Action | Rating | Price target |
| --- | --- | --- | --- | --- |
| Sep 1, 2026 | Wells Fargo | Maintained | Equal-Weight | $66.00 |
| Aug 12, 2026 | Scotiabank | Maintained | Sector Perform | $66.00 |
| Aug 3, 2026 | RBC Capital | Maintained | Outperform | $75.00 |
| Jul 29, 2026 | Baird | Maintained | Outperform | $74.00 |
| Jul 28, 2026 | Truist Securities | Maintained | Buy | $73.00 |
| Jul 28, 2026 | Citigroup | Maintained | Neutral | $72.00 |
| Jul 16, 2026 | Barclays | Maintained | Equal-Weight | $69.00 |
| Jun 18, 2026 | Raymond James | Maintained | Strong Buy | $83.00 |
| Jun 1, 2026 | Wells Fargo | Maintained | Equal-Weight | $61.00 |
| May 15, 2026 | Truist Securities | Maintained | Buy | $67.00 |
| Apr 28, 2026 | Baird | Maintained | Outperform | $68.00 |
| Mar 2, 2026 | Scotiabank | Maintained | Sector Perform | $63.00 |
| Feb 18, 2026 | Truist Securities | Maintained | Buy | $66.00 |
| Feb 11, 2026 | Citigroup | Maintained | Neutral | $63.00 |
| Feb 10, 2026 | RBC Capital | Maintained | Outperform | $66.00 |
| Feb 6, 2026 | Cantor Fitzgerald | Maintained | Neutral | $64.00 |
| Jan 20, 2026 | Truist Securities | Maintained | Buy | $65.00 |
| Jan 14, 2026 | Scotiabank | Maintained | Sector Perform | $62.00 |
| Dec 4, 2025 | Mizuho | Maintained | Outperform | $62.00 |
| Nov 10, 2025 | Scotiabank | Maintained | Sector Perform | $57.00 |

## Frequently Asked Questions

### What is the price target for FR stock?

The average 12-month analyst price target for First Industrial Realty Trust (FR) is $70.71, with a high estimate of $75.00 and a low of $66.00, across 7 analysts.

### Is FR a buy, sell, or hold?

Analysts covering First Industrial Realty Trust currently average a Buy rating: 10 buy, 7 hold and 0 sell, from 17 analysts. Ratings reflect analyst opinion, not investment advice.

### What upside do analysts see for FR?

The average price target of $70.71 implies 20.30% upside from the last price of $58.78.

### What is the latest analyst rating on FR?

On Sep 1, 2026, Wells Fargo maintained First Industrial Realty Trust at Equal-Weight with a price target of $66.00.

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Analyst ratings and price targets are the opinions of third-party research firms, not of Light Horse Securities. They are estimates about an uncertain future, are frequently wrong, and are neither a recommendation nor a prediction of actual results.

This page is for informational purposes only. Nothing on it is a recommendation, solicitation or offer to buy or sell any security, nor investment, legal or tax advice. Light Horse Securities Inc does not verify third-party data and is not responsible for its accuracy, completeness or timeliness.

Data provided by [AInvest](https://www.ainvest.com).