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

Posted by Hanz Christensen on Feb 6th, 2025

FrontView REIT (NYSE:FVR – Free Report) had its price target cut by Wells Fargo & Company from $22.00 to $20.00 in a report issued on Monday,Benzinga reports. They currently have an overweight rating on the stock.

FVR has been the topic of several other research reports. Morgan Stanley cut their price objective on FrontView REIT from $23.00 to $22.00 and set an “overweight” rating on the stock in a report on Friday, January 3rd. JPMorgan Chase & Co. assumed coverage on shares of FrontView REIT in a report on Monday, October 28th. They issued an “overweight” rating and a $21.00 price target for the company. Capital One Financial assumed coverage on shares of FrontView REIT in a report on Tuesday, November 12th. They set an “overweight” rating and a $22.00 price objective on the stock. Finally, Bank of America initiated coverage on shares of FrontView REIT in a research note on Monday, October 28th. They issued a “buy” rating and a $22.00 target price for the company. Five analysts have rated the stock with a buy rating, According to MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of $21.40.

Read Our Latest Research Report on FVR

FrontView REIT Stock Performance

FVR stock opened at $17.92 on Monday. FrontView REIT has a 1-year low of $15.30 and a 1-year high of $19.76. The business’s 50-day simple moving average is $18.06.

FrontView REIT Announces Dividend

The firm also recently announced a — dividend, which was paid on Wednesday, January 15th. Investors of record on Tuesday, December 31st were issued a dividend of $0.215 per share. The ex-dividend date was Tuesday, December 31st.

Institutional Investors Weigh In On FrontView REIT

Several hedge funds and other institutional investors have recently added to or reduced their stakes in FVR. abrdn plc acquired a new position in shares of FrontView REIT during the 4th quarter worth about $7,268,000. State of New Jersey Common Pension Fund D acquired a new position in FrontView REIT during the fourth quarter valued at approximately $1,632,000. Bank of New York Mellon Corp bought a new position in FrontView REIT in the fourth quarter valued at approximately $563,000. Exchange Traded Concepts LLC acquired a new position in shares of FrontView REIT during the 4th quarter worth approximately $535,000. Finally, Rhumbline Advisers bought a new stake in shares of FrontView REIT during the 4th quarter worth approximately $295,000.