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

Shares of First Capital Real Estate Investment Trust (OTCMKTS:FCXXFGet 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.

Recommended Stories

Analyst Recommendations for First Capital Real Estate Investment Trust (OTCMKTS:FCXXF)

Receive News & Ratings for First Capital Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Capital Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.