First Capital Real Estate Investment Trust (TSE:FCR.UN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) have received an average rating of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat.com reports. One equities research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12-month price objective among analysts that have updated their coverage on the stock in the last year is C$18.08.

FCR.UN has been the topic of several recent analyst reports. National Bankshares cut their price objective on shares of First Capital Real Estate Investment Trust from C$17.50 to C$17.25 and set an “outperform” rating on the stock in a report on Wednesday, April 24th. BMO Capital Markets upped their price target on shares of First Capital Real Estate Investment Trust from C$17.50 to C$18.50 in a research note on Friday, February 23rd. CIBC dropped their price objective on shares of First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a report on Thursday, May 2nd. Finally, Royal Bank of Canada reduced their target price on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating for the company in a research note on Thursday, May 2nd.

First Capital Real Estate Investment Trust Trading Down 0.3 %

TSE:FCR.UN opened at C$14.71 on Monday. First Capital Real Estate Investment Trust has a 52 week low of C$12.37 and a 52 week high of C$16.76. The firm has a 50 day moving average of C$15.06 and a 200 day moving average of C$15.37. The company has a quick ratio of 0.07, a current ratio of 0.90 and a debt-to-equity ratio of 104.57. The stock has a market capitalization of C$3.12 billion, a price-to-earnings ratio of -28.84, a PEG ratio of -2.77 and a beta of 1.26.

First Capital Real Estate Investment Trust Company Profile

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.