First Capital Real Estate Investment Trust (TSE:FCR.UN) PT Raised to C$20.00 at BMO Capital Markets

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its price objective boosted by stock analysts at BMO Capital Markets from C$18.50 to C$20.00 in a research report issued to clients and investors on Monday, BayStreet.CA reports. BMO Capital Markets’ price objective points to a potential upside of 11.54% from the stock’s current price.

Other equities analysts have also recently issued reports about the company. Scotiabank increased their price objective on First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a research report on Friday, August 2nd. Canaccord Genuity Group increased their price target on shares of First Capital Real Estate Investment Trust from C$17.50 to C$20.00 and gave the company a “buy” rating in a research report on Monday, September 16th. CIBC boosted their price objective on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. Desjardins upped their price objective on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. Finally, National Bankshares lifted their target price on shares of First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a research report on Wednesday, October 9th. One equities research analyst has rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has a consensus rating of “Moderate Buy” and an average price target of C$19.53.

First Capital Real Estate Investment Trust Stock Down 1.0 %

Shares of TSE:FCR.UN opened at C$17.93 on Monday. The firm has a market capitalization of C$3.81 billion, a PE ratio of -61.83, a price-to-earnings-growth ratio of -2.77 and a beta of 1.28. 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 52-week low of C$12.56 and a 52-week high of C$18.98. The firm has a fifty day moving average of C$17.97 and a 200 day moving average of C$16.27.

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).