First Capital Real Estate Investment Trust (TSE:FCR.UN) Given Consensus Recommendation of “Moderate Buy” by Brokerages

First Capital Real Estate Investment Trust (TSE:FCR.UN) has earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, MarketBeat.com reports. One analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1 year price target among analysts that have covered the stock in the last year is C$18.08.

Several brokerages have commented on FCR.UN. BMO Capital Markets raised their price objective on First Capital Real Estate Investment Trust from C$17.50 to C$18.50 in a research report on Friday, February 23rd. Scotiabank raised their price target on First Capital Real Estate Investment Trust from C$16.50 to C$17.25 and gave the company a “sector perform” rating in a report on Thursday, February 8th. CIBC reduced their price target on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating for the company in a report on Thursday. National Bankshares reduced their price target on First Capital Real Estate Investment Trust from C$17.50 to C$17.25 and set an “outperform” rating for the company in a report on Wednesday, April 24th. Finally, TD Securities downgraded First Capital Real Estate Investment Trust from an “action list buy” rating to a “buy” rating and set a C$19.00 price target for the company. in a report on Thursday, February 8th.

First Capital Real Estate Investment Trust Stock Up 1.0 %

Shares of First Capital Real Estate Investment Trust stock opened at C$15.24 on Friday. The company has a debt-to-equity ratio of 104.33, a quick ratio of 0.07 and a current ratio of 0.81. First Capital Real Estate Investment Trust has a 52-week low of C$12.37 and a 52-week high of C$16.76. The stock has a market capitalization of C$3.23 billion, a price-to-earnings ratio of -24.19, a P/E/G ratio of -2.77 and a beta of 1.25. The company’s 50 day moving average price is C$15.44 and its 200-day moving average price is C$15.03.

First Capital Real Estate Investment Trust Company Profile

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.