First Capital Real Estate Investment Trust (TSE:FCR.UN) Stock Price Passes Above 200 Day Moving Average - Time to Sell?

First Capital Real Estate Investment Trust (TSE:FCR.UN - Get Free Report) shares passed above its 200-day moving average during trading on Tuesday . The stock has a 200-day moving average of C$17.13 and traded as high as C$18.56. First Capital Real Estate Investment Trust shares last traded at C$18.55, with a volume of 281,422 shares trading hands.

Analysts Set New Price Targets

Several equities analysts have issued reports on FCR.UN shares. National Bankshares lifted their price objective on First Capital Real Estate Investment Trust from C$19.50 to C$21.00 and gave the company an "outperform" rating in a research report on Thursday. Royal Bank Of Canada lifted their price objective on First Capital Real Estate Investment Trust from C$20.00 to C$22.00 and gave the company an "outperform" rating in a research report on Thursday. CIBC lifted 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. Desjardins boosted their target price on First Capital Real Estate Investment Trust from C$20.00 to C$21.50 and gave the stock a "buy" rating in a research report on Thursday. Finally, TD Securities boosted their target price 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. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat.com, First Capital Real Estate Investment Trust currently has an average rating of "Moderate Buy" and a consensus price target of C$20.86.

First Capital Real Estate Investment Trust Stock Up 0.2%

The business has a fifty day moving average of C$18.06 and a 200 day moving average of C$17.17. The firm has a market cap of C$3.95 billion, a P/E ratio of -64.24, a P/E/G ratio of -2.77 and a beta of 1.28. The company has a quick ratio of 0.07, a current ratio of 1.22 and a debt-to-equity ratio of 112.41.

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.