First Capital Real Estate Investment Trust (TSE:FCR.UN) Hits New 52-Week High – Still a Buy?

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) hit a new 52-week high during trading on Tuesday . The stock traded as high as C$19.95 and last traded at C$19.91, with a volume of 152094 shares traded. The stock had previously closed at C$19.67.

Analyst Ratings Changes

Separately, National Bankshares lifted their price target on shares of First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the company an “outperform” rating in a report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating, According to MarketBeat, the company currently has an average rating of “Buy” and a consensus target price of C$21.90.

First Capital Real Estate Investment Trust Stock Up 0.2%

The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 112.41. The firm has a market capitalization of C$4.19 billion, a price-to-earnings ratio of 17.06, a price-to-earnings-growth ratio of -2.77 and a beta of 0.99. The firm has a 50 day moving average price of C$19.15 and a two-hundred day moving average price of C$19.09.

First Capital Real Estate Investment Trust Company Profile

First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.