First Capital Real Estate Investment Trust (TSE:FCR.UN) Receives C$21.09 Consensus Target Price from Analysts

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) have earned a consensus rating of “Moderate Buy” from the seven ratings firms that are presently covering the company, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and six have assigned a buy recommendation to the company. The average twelve-month target price among analysts that have updated their coverage on the stock in the last year is C$21.09.

Several research analysts have issued reports on FCR.UN shares. Royal Bank Of Canada increased their price objective on First Capital Real Estate Investment Trust from C$20.00 to C$22.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. National Bankshares raised their price target on First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research report on Wednesday, October 8th. TD Securities raised their price target on First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the company a “buy” rating in a research report on Thursday, July 31st. Desjardins raised their price target on First Capital Real Estate Investment Trust from C$20.00 to C$21.50 and gave the company a “buy” rating in a research report on Thursday, July 31st. Finally, CIBC raised their price target on First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research report on Thursday, July 31st.

First Capital Real Estate Investment Trust Trading Down 1.2%

TSE:FCR.UN opened at C$19.25 on Tuesday. The stock has a fifty day moving average price of C$19.32 and a two-hundred day moving average price of C$18.12. The stock has a market capitalization of C$4.09 billion, a price-to-earnings ratio of 15.66, a PEG ratio of -2.77 and a beta of 0.95. The company has a debt-to-equity ratio of 112.41, a quick ratio of 0.07 and a current ratio of 1.22. First Capital Real Estate Investment Trust has a 1 year low of C$15.17 and a 1 year high of C$19.90.

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.