First Capital Real Estate Investment Trust (TSE:FCR.UN – Free Report) had its price objective upped by TD Securities from C$18.00 to C$20.00 in a report released on Wednesday, BayStreet.CA reports. The firm currently has a buy rating on the stock.
A number of other research analysts have also weighed in on FCR.UN. Scotiabank lifted their price objective on shares of First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a research note on Friday, August 2nd. Desjardins lifted their price target on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the company a buy rating in a research report on Thursday, August 1st. CIBC increased their price objective on 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. Finally, Royal Bank of Canada raised their target price on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 in a research note on Friday, August 2nd. One research analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. According to data from MarketBeat, the company has a consensus rating of Moderate Buy and an average target price of C$18.61.
Get Our Latest Analysis on FCR.UN
First Capital Real Estate Investment Trust Stock Performance
Insider Activity
In other news, Director Al Mawani purchased 5,000 shares of the stock in a transaction that occurred on Friday, June 14th. The stock was bought at an average cost of C$14.58 per share, for a total transaction of C$72,900.00. 0.43% of the stock is currently owned by corporate insiders.
About First Capital Real Estate Investment Trust
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.
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