Juan C. Sanabria, an analyst from BMO Capital, maintained the Buy rating on Federal Realty (FRT – Research Report). The associated price target is $117.00.
Juan C. Sanabria has given his Buy rating due to a combination of factors including Federal Realty’s strong performance in the first quarter of 2025. The company reported a solid increase in same-store net operating income, which is expected to continue growing. Additionally, foot traffic in Washington D.C. showed a healthy increase, indicating positive consumer engagement.
Despite some moderation in leasing volumes due to high occupancy rates and timing issues, Federal Realty’s financial outlook remains positive. The company has slightly increased its full-year funds from operations guidance, reflecting confidence in its financial health. Furthermore, planned asset sales are expected to provide additional flexibility, supporting the overall positive outlook for the stock.
According to TipRanks, C. Sanabria is a 2-star analyst with an average return of 0.0% and a 46.03% success rate. C. Sanabria covers the Real Estate sector, focusing on stocks such as CareTrust REIT, Healthpeak Properties, and Public Storage.
In another report released on April 23, Scotiabank also maintained a Buy rating on the stock with a $111.00 price target.