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

First Capital Real Estate Investment Trust (TSE:FCR.UN) has received a consensus recommendation of “Moderate Buy” from the nine analysts that are currently covering the firm, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and eight have issued a buy rating on the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$20.11.

Several brokerages have issued reports on FCR.UN. Royal Bank of Canada boosted their target price on First Capital Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research note on Wednesday, October 30th. BMO Capital Markets lifted their price objective on First Capital Real Estate Investment Trust from C$18.50 to C$20.00 in a report on Monday, October 28th. 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 report on Thursday, August 1st. Canaccord Genuity Group lifted their target price 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, Raymond James set a C$20.50 price target on shares of First Capital Real Estate Investment Trust and gave the company an “outperform” rating in a research report on Friday, October 18th.

First Capital Real Estate Investment Trust Trading Down 0.6 %

TSE FCR.UN opened at C$17.71 on Thursday. The business’s fifty day moving average is C$18.11 and its 200-day moving average is C$16.49. The company has a debt-to-equity ratio of 112.41, a current ratio of 1.22 and a quick ratio of 0.07. The stock has a market capitalization of C$3.76 billion, a price-to-earnings ratio of -61.07, a PEG ratio of -2.77 and a beta of 1.28. First Capital Real Estate Investment Trust has a one year low of C$13.50 and a one year high of C$18.98.

First Capital Real Estate Investment Trust Company Profile

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).