First Capital Real Estate Investment Trust (TSE:FCR.UN) Receives Average Recommendation of "Moderate Buy" from Analysts

Key Points

• First Capital Real Estate Investment Trust (TSE:FCR.UN) has received a consensus rating of "Moderate Buy" from analysts, with one hold and seven buy recommendations among eight brokerages.
• The average 12-month price target for the stock is C$20.86, with several analysts increasing their targets recently, including a hike to C$22.00 by multiple firms.
• The company's current share price opened at C$19.17, with a 12-month range of C$15.17 to C$19.35, and a market capitalization of C$4.07 billion.

First Capital Real Estate Investment Trust (TSE:FCR.UN - Get Free Report) has received a consensus recommendation of "Moderate Buy" from the eight brokerages that are covering the firm, MarketBeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 12 month price objective among brokers that have issued a report on the stock in the last year is C$20.86.

FCR.UN has been the topic of several analyst reports. Desjardins increased their price target on First Capital Real Estate Investment Trust from C$20.00 to C$21.50 and gave the company a "buy" rating in a report on Thursday, July 31st. National Bankshares increased their price target on First Capital Real Estate Investment Trust from C$19.50 to C$21.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. TD Securities increased their price target on First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the company a "buy" rating in a report on Thursday, July 31st. Royal Bank Of Canada increased their price target on First Capital Real Estate Investment Trust from C$20.00 to C$22.00 and gave the company an "outperform" rating in a report on Thursday, July 31st. Finally, CIBC increased their price objective on First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the company an "outperform" rating in a research report on Thursday, July 31st.

First Capital Real Estate Investment Trust Trading Up 0.6%

Shares of FCR.UN stock opened at C$19.17 on Monday. First Capital Real Estate Investment Trust has a 12 month low of C$15.17 and a 12 month high of C$19.35. The company has a quick ratio of 0.07, a current ratio of 1.22 and a debt-to-equity ratio of 112.41. The business's 50 day moving average is C$18.44 and its two-hundred day moving average is C$17.41. The company has a market cap of C$4.07 billion, a PE ratio of -66.10, a price-to-earnings-growth ratio of -2.77 and a beta of 1.28.

First Capital Real Estate Investment Trust Company Profile

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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