First Capital Realty (TSE:FCR.UN) Price Target Cut to C$18.00

First Capital Realty (TSE:FCR.UN) had its price target dropped by equities research analysts at CIBC from C$19.00 to C$18.00 in a research report issued on Thursday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC’s target price suggests a potential upside of 18.11% from the stock’s previous close.

A number of other equities analysts have also weighed in on the stock. Royal Bank of Canada dropped their price target on shares of First Capital Realty from C$19.00 to C$18.00 and set an “outperform” rating for the company in a research report on Thursday. BMO Capital Markets upped their price target on shares of First Capital Realty from C$17.50 to C$18.50 in a research report on Friday, February 23rd. Scotiabank upped their price target on shares of First Capital Realty from C$16.50 to C$17.25 and gave the stock a “sector perform” rating in a research report on Thursday, February 8th. National Bankshares dropped their price target on shares of First Capital Realty from C$17.50 to C$17.25 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. Finally, TD Securities lowered shares of First Capital Realty from an “action list buy” rating to a “buy” rating and set a C$19.00 price target for the company. in a research report on Thursday, February 8th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, the stock presently has an average rating of “Moderate Buy” and a consensus target price of C$18.08.

First Capital Realty Stock Up 1.0 %

Shares of FCR.UN stock opened at C$15.24 on Thursday. First Capital Realty has a 12 month low of C$12.37 and a 12 month high of C$16.76. The stock has a market cap of C$3.23 billion, a P/E ratio of -23.95, a P/E/G ratio of -2.77 and a beta of 1.25. The company has a current ratio of 0.81, a quick ratio of 0.07 and a debt-to-equity ratio of 104.33. The company has a 50 day simple moving average of C$15.47 and a two-hundred day simple moving average of C$15.01.

About First Capital Realty

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.