Rating Change
Citigroup reiterated its Neutral rating on First Industrial Realty Trust, Inc. (NYSE:FR) on October 28, 2026.
reiterateNYSE:FR
Citigroup Reiterates Neutral Rating on First Industrial Realty Trust, Inc. (FR)
Citigroup reiterated its Neutral rating on First Industrial Realty Trust, Inc. (NYSE:FR) on October 28, 2026.
At publication ·
What changed
First Industrial Realty Trust, Inc. (NYSE:FR) · reiterate
- Firm
- Citigroup
- Rating
- Neutral to Neutral
- Price at event
- $54.34
- Market capitalization
- $7.8B
At a glance
Key takeaways
- Citigroup maintains a Neutral rating on First Industrial Realty Trust, reflecting a cautious stance on the $7.8B real estate company.
Market Context
First Industrial Realty Trust, Inc. operates in the Real Estate sector. The stock currently trades at $54.34 with a market capitalization of $7.8B. The stock has declined 3.9% over the past 52 weeks.
Analyst coverage from Citigroup provides professional research and price targets that many institutional investors reference when making allocation decisions. The consensus of analyst opinions — along with the range of price targets — helps frame market expectations for First Industrial Realty Trust, Inc.
Analyst ratings and price targets are one input among many for investment decisions. Historical studies show that consensus analyst recommendations have mixed predictive power on their own, but significant changes in consensus — such as multiple upgrades or downgrades in a short period — can be more meaningful signals.
Recent Analyst Activity for First Industrial Realty Trust, Inc.
Among the 10 most recent ratings: 4 Buy, 6 Hold, 0 Sell.
| Date | Firm | Rating | Price Target |
|---|---|---|---|
| Oct 28, 2026 | Citigroup | Neutral | N/A |
| Oct 26, 2026 | Cantor Fitzgerald | Neutral | N/A |
| Oct 23, 2026 | Raymond James | Outperform | N/A |
| Oct 23, 2026 | Goldman Sachs | Neutral | N/A |
| Sep 01, 2026 | Wells Fargo | Equal-Weight | N/A |
Related Tools: Analyst Ratings Dashboard | View FR Stock Page
Frequently Asked Questions
What does the Neutral rating mean for FR?
A rating of Neutral from Citigroup reflects the analyst's outlook on First Industrial Realty Trust, Inc. (NYSE:FR). Analyst ratings are one factor investors consider alongside earnings, valuation, and sector trends.
Where can I find more analyst ratings?
Browse recent upgrades and downgrades on our Analyst Ratings Dashboard or the FR forecast page.