Analysts Set First Capital Real Estate Investment Trust (TSE:FCR.UN) Price Target at C$18.08

First Capital Real Estate Investment Trust (TSE:FCR.UN) has been assigned a consensus recommendation of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat Ratings reports. One analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 1-year target price among brokerages that have covered the stock in the last year is C$18.08.

A number of research analysts recently issued reports on FCR.UN shares. TD Securities downgraded shares of First Capital Real Estate Investment Trust from an “action list buy” rating to a “buy” rating and set a C$19.00 price target for the company. in a research note on Thursday, February 8th. CIBC dropped their target price on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a report on Thursday, May 2nd. Royal Bank of Canada decreased their price target on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating for the company in a report on Thursday, May 2nd. National Bankshares dropped their price objective on First Capital Real Estate Investment Trust from C$17.50 to C$17.25 and set an “outperform” rating on the stock in a report on Wednesday, April 24th. Finally, BMO Capital Markets upped their price target on First Capital Real Estate Investment Trust from C$17.50 to C$18.50 in a report on Friday, February 23rd.

First Capital Real Estate Investment Trust Price Performance

FCR.UN stock opened at C$15.30 on Thursday. First Capital Real Estate Investment Trust has a 1 year low of C$12.37 and a 1 year high of C$16.76. The firm has a market capitalization of C$3.25 billion, a P/E ratio of -30.00, a P/E/G ratio of -2.77 and a beta of 1.26. The company has a debt-to-equity ratio of 104.57, a current ratio of 0.90 and a quick ratio of 0.07. The business’s 50-day moving average is C$15.30 and its two-hundred day moving average is C$15.25.

First Capital Real Estate Investment Trust Company Profile

First Capital Realty Inc acquires, develops, redevelops, owns, and manages urban retail-centered real estate properties in Canada. The company's property portfolio comprises grocery stores, pharmacies, liquor stores, banks, restaurants, cafes, fitness centers, medical, and childcare facilities. It also offers other professional and personal services.