First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) Receives Average Rating of “Buy” from Analysts

Shares of First Capital Real Estate Investment Trust (OTCMKTS:FCXXF – Get Rating) have earned an average rating of “Buy” from the seven research firms that are presently covering the company, Marketbeat reports. Three analysts have rated the stock with a buy recommendation. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is $21.00.

A number of brokerages have recently weighed in on FCXXF. BMO Capital Markets cut their price target on shares of First Capital Real Estate Investment Trust from C$21.50 to C$21.00 in a report on Thursday, May 5th. National Bank Financial cut their price target on shares of First Capital Real Estate Investment Trust from C$20.50 to C$19.50 in a report on Wednesday, April 27th. Royal Bank of Canada cut their price target on shares of First Capital Real Estate Investment Trust from C$22.00 to C$21.00 in a report on Thursday, May 5th. Finally, Scotiabank lowered their price objective on shares of First Capital Real Estate Investment Trust from C$20.00 to C$19.50 in a research report on Thursday, May 5th.

Shares of First Capital Real Estate Investment Trust stock opened at $11.57 on Friday. The company has a 50 day moving average of $13.51 and a 200-day moving average of $14.02. First Capital Real Estate Investment Trust has a 1-year low of $11.57 and a 1-year high of $15.14.

First Capital Real Estate Investment Trust Company Profile (Get Rating)

First Capital is a leading developer, owner and manager of mixed-use real estate located in Canada's most densely populated cities. First Capital's focus is on creating thriving urban neighbourhoods to generate value for businesses, residents, communities and our investors.

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