First Capital Real Estate Investment Trust (TSE:FCR.UN) Given Average Rating of “Moderate Buy” by Analysts

First Capital Real Estate Investment Trust (TSE:FCR.UNGet Free Report) has been assigned an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. One research analyst has rated the stock with a hold rating and six have assigned a buy rating to the company. The average 12 month price target among analysts that have issued ratings on the stock in the last year is C$20.97.

Several research analysts recently issued reports on the company. Desjardins lifted their target price 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. CIBC boosted their price objective on First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Royal Bank Of Canada boosted 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 boosted their price objective on First Capital Real Estate Investment Trust from C$19.50 to C$21.00 and gave the stock an “outperform” rating in a research report on Thursday, July 31st. Finally, TD Securities boosted their price objective on First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the stock a “buy” rating in a research report on Thursday, July 31st.

Get Our Latest Research Report on First Capital Real Estate Investment Trust

First Capital Real Estate Investment Trust Trading Up 0.1%

TSE FCR.UN opened at C$19.53 on Friday. The company has a market cap of C$4.15 billion, a price-to-earnings ratio of 15.89, a P/E/G ratio of -2.77 and a beta of 0.91. First Capital Real Estate Investment Trust has a 52 week low of C$15.17 and a 52 week high of C$19.65. The business has a 50 day moving average price of C$19.06 and a 200-day moving average price of C$17.82. The company has a quick ratio of 0.07, a current ratio of 1.22 and a debt-to-equity ratio of 112.41.

About First Capital Real Estate Investment Trust

(Get Free Report)

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.

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Analyst Recommendations for First Capital Real Estate Investment Trust (TSE:FCR.UN)

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