Zacks: Franklin Street Properties Corp. (NASDAQ:FSP) Given $8.50 Consensus Target Price by Analysts
Franklin Street Properties Corp. (NASDAQ:FSP) has earned a consensus broker rating score of 2.50 (Hold) from the four brokers that cover the company, Zacks Investment Research reports. Three equities research analysts have rated the stock with a hold recommendation and one has given a strong buy recommendation to the company. Franklin Street Properties’ rating score has declined by 13.6% from three months ago as a result of various analysts’ upgrades and downgrades.
Brokers have set a 1 year consensus price objective of $8.50 for the company and are expecting that the company will post $0.21 earnings per share for the current quarter, according to Zacks. Zacks has also assigned Franklin Street Properties an industry rank of 145 out of 256 based on the ratings given to related companies.
Separately, BidaskClub raised Franklin Street Properties from a “hold” rating to a “buy” rating in a research report on Wednesday, July 31st.
Franklin Street Properties Company Profile
Franklin Street Properties Corp., based in Wakefield, Massachusetts, is focused on investing in institutional-quality office properties in the U.S. FSP's strategy is to invest in select urban infill and central business district (CBD) properties, with primary emphasis on our five core markets of Atlanta, Dallas, Denver, Houston, and Minneapolis.
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