FrontView REIT (NYSE:FVR) Now Covered by Wells Fargo & Company

Stock analysts at Wells Fargo & Company began coverage on shares of FrontView REIT (NYSE:FVR) in a research note issued to investors on Monday, StockNewsAPI reports. The brokerage set an “overweight” rating and a $22.00 price target on the stock. Wells Fargo & Company‘s price objective points to a potential upside of 13.17% from the stock’s current price.

Several other research analysts also recently weighed in on the company. JPMorgan Chase & Co. started coverage on FrontView REIT in a research note on Monday. They issued an “overweight” rating and a $21.00 target price on the stock. Bank of America initiated coverage on shares of FrontView REIT in a research report on Monday. They issued a “buy” rating and a $22.00 price objective on the stock. Finally, Morgan Stanley assumed coverage on shares of FrontView REIT in a research report on Monday. They set an “overweight” rating and a $23.00 price objective for the company.

FrontView REIT Stock Performance

Shares of FVR opened at $19.44 on Monday. FrontView REIT has a fifty-two week low of $18.25 and a fifty-two week high of $19.76.

Insider Buying and Selling at FrontView REIT

In related news, CEO Stephen Preston acquired 3,540 shares of FrontView REIT stock in a transaction that occurred on Tuesday, October 15th. The stock was purchased at an average price of $18.74 per share, for a total transaction of $66,339.60. Following the completion of the purchase, the chief executive officer now directly owns 3,640 shares of the company’s stock, valued at approximately $68,213.60. This trade represents a 3,500.00 % increase in their ownership of the stock. The purchase was disclosed in a document filed with the Securities & Exchange Commission, which is available through the SEC website. In other news, major shareholder Alyeska Investment Group, L.P. purchased 270,270 shares of the stock in a transaction that occurred on Thursday, October 3rd. The shares were acquired at an average price of $19.11 per share, for a total transaction of $5,164,859.70. Following the acquisition, the insider now directly owns 1,635,135 shares in the company, valued at approximately $31,247,429.85. The trade was a 0.00 % increase in their position. The acquisition was disclosed in a legal filing with the Securities & Exchange Commission, which is available through the SEC website. Also, CEO Stephen Preston acquired 3,540 shares of the company’s stock in a transaction that occurred on Tuesday, October 15th. The stock was purchased at an average cost of $18.74 per share, with a total value of $66,339.60. Following the completion of the purchase, the chief executive officer now directly owns 3,640 shares in the company, valued at $68,213.60. This represents a 3,500.00 % increase in their ownership of the stock. The disclosure for this purchase can be found here.

FrontView REIT Company Profile

FrontView REIT specializes in real estate investing.