The latest price target for First Industrial Realty (NYSE:FR) was reported by Mizuho on December 4, 2025. The analyst firm set a price target for $62.00 expecting FR to rise to within 12 months (a possible 6.86% upside). 24 analyst firms have reported ratings in the last year.

The latest analyst rating for First Industrial Realty (NYSE:FR) was provided by Mizuho, and First Industrial Realty maintained their outperform rating.

The last upgrade for First Industrial Realty Trust Inc happened on February 21, 2025 when Goldman Sachs raised their price target to $59. Goldman Sachs previously had a sell for First Industrial Realty Trust Inc.

The last downgrade for First Industrial Realty Trust Inc happened on April 25, 2024 when Wedbush changed their price target from $59 to $49 for First Industrial Realty Trust Inc.

Analysts arrive at stock ratings after doing extensive research, which includes going through public financial statements, talking to executives and customers of First Industrial Realty, and listening in to earnings conference calls. Most analysts do this every three months, so you should get 4 ratings per company per firm each year. The last rating for First Industrial Realty was filed on December 4, 2025 so you should expect the next rating to be made available sometime around December 4, 2026.

While ratings are subjective and will change, the latest First Industrial Realty (FR) rating was a maintained with a price target of $56.00 to $62.00. The current price First Industrial Realty (FR) is trading at is $58.02, which is within the analyst’s predicted range.