First Capital Realty (TSE:FCR.UN) PT Lowered to C$18.00 at Royal Bank of Canada

First Capital Realty (TSE:FCR.UN) had its price target decreased by equities researchers at Royal Bank of Canada from C$19.00 to C$18.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. Royal Bank of Canada’s target price indicates a potential upside of 18.11% from the company’s previous close.

Other research analysts have also recently issued research reports about the company. Scotiabank raised their price target on First Capital Realty from C$16.50 to C$17.25 and gave the company a “sector perform” rating in a research report on Thursday, February 8th. National Bankshares decreased their price objective on First Capital Realty from C$17.50 to C$17.25 and set an “outperform” rating on the stock in a research note on Wednesday, April 24th. TD Securities lowered First Capital Realty from an “action list buy” rating to a “buy” rating and set a C$19.00 price objective on the stock. in a research note on Thursday, February 8th. BMO Capital Markets increased their price objective on First Capital Realty from C$17.50 to C$18.50 in a research note on Friday, February 23rd. Finally, CIBC increased their price objective on First Capital Realty from C$17.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to MarketBeat, First Capital Realty has an average rating of “Moderate Buy” and a consensus target price of C$18.08.

First Capital Realty Trading Up 1.0 %

Shares of FCR.UN stock opened at C$15.24 on Thursday. First Capital Realty has a fifty-two week low of C$12.37 and a fifty-two week 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 business has a fifty day simple moving average of C$15.47 and a 200-day simple moving average of C$15.01. The company has a quick ratio of 0.07, a current ratio of 0.81 and a debt-to-equity ratio of 104.33.

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.