First Capital Real Estate Investment Trust (TSE:FCR.UN) Receives Consensus Rating of “Moderate Buy” from Analysts

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) have received an average rating of “Moderate Buy” from the eight ratings firms that are covering the stock, MarketBeat 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 1-year price target among analysts that have covered the stock in the last year is C$20.11.

Several research analysts have commented on FCR.UN shares. TD Securities raised their price objective on First Capital Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. Scotiabank raised their price objective on shares of First Capital Real Estate Investment Trust from C$17.50 to C$18.75 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. National Bankshares boosted their price target on First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a report on Wednesday, October 9th. Canaccord Genuity Group increased their price objective on shares of First Capital Real Estate Investment Trust from C$17.50 to C$20.00 and gave the stock a “buy” rating in a research note on Monday, September 16th. Finally, BMO Capital Markets boosted their price target on shares of First Capital Real Estate Investment Trust from C$18.50 to C$20.00 in a report on Monday, October 28th.

First Capital Real Estate Investment Trust Stock Up 0.9 %

First Capital Real Estate Investment Trust stock opened at C$17.11 on Friday. The company has a debt-to-equity ratio of 112.41, a quick ratio of 0.07 and a current ratio of 1.22. The firm has a market capitalization of C$3.63 billion, a price-to-earnings ratio of -59.00, a price-to-earnings-growth ratio of -2.77 and a beta of 1.28. The stock’s fifty day moving average is C$17.58 and its two-hundred day moving average is C$17.10. First Capital Real Estate Investment Trust has a fifty-two week low of C$14.19 and a fifty-two week high of C$18.98.

About First Capital Real Estate Investment Trust

First Capital Real Estate Investment Trust (First Capital, RCF or the Fund) is an unincorporated open-end mutual fund governed by the laws of the Province of Ontario, Canada, and established pursuant to a declaration of trust dated October 16, 2019, which may be amended from time to time (the Declaration of Trust).