National Bankshares Raises First Capital Real Estate Investment Trust (TSE:FCR.UN) Price Target to C$21.00

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its price target hoisted by analysts at National Bankshares from C$19.50 to C$21.00 in a research note issued to investors on Thursday,BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. National Bankshares’ price objective indicates a potential upside of 12.72% from the stock’s previous close.

Separately, TD Securities boosted their price objective on shares of First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the company a “buy” rating in a report on Thursday. One equities research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to MarketBeat.com, First Capital Real Estate Investment Trust presently has a consensus rating of “Moderate Buy” and a consensus price target of C$20.86.

First Capital Real Estate Investment Trust Stock Up 0.2%

FCR.UN opened at C$18.63 on Thursday. The company has a quick ratio of 0.07, a current ratio of 1.22 and a debt-to-equity ratio of 112.41. The firm has a 50 day moving average price of C$18.06 and a 200-day moving average price of C$17.17. First Capital Real Estate Investment Trust has a twelve month low of C$15.17 and a twelve month high of C$19.09. The stock has a market capitalization of C$3.95 billion, a price-to-earnings ratio of -64.24, a PEG ratio of -2.77 and a beta of 1.28.

First Capital Real Estate Investment Trust Company Profile

First Capital REIT is a developer, owner and operator of mixed-use urban real estate in Canada’s populated centres. The company’s focus is on creating thriving neighbourhoods that create value for businesses, residents, communities and investors.