First Capital Realty (TSE:FCR.UN) Price Target Cut to C$18.00 by Analysts at CIBC

First Capital Realty (TSE:FCR.UN - Get Free Report) had its target price cut by CIBC from C$19.00 to C$18.00 in a research note issued to investors on Thursday, BayStreet.CA reports. The firm currently has an "outperform" rating on the stock. CIBC's price target points to a potential upside of 19.28% from the company's previous close.

A number of other research analysts also recently commented on FCR.UN. BMO Capital Markets lifted their price objective on shares of First Capital Realty from C$17.50 to C$18.50 in a research report on Friday, February 23rd. National Bankshares reduced their price target on First Capital Realty from C$17.50 to C$17.25 and set an "outperform" rating for the company in a report on Wednesday, April 24th. Royal Bank of Canada dropped their price objective on First Capital Realty from C$19.00 to C$18.00 and set an "outperform" rating on the stock in a research note on Thursday. Scotiabank upped their target price on First Capital Realty from C$16.50 to C$17.25 and gave the company a "sector perform" rating in a research report on Thursday, February 8th. Finally, TD Securities downgraded shares of First Capital Realty from an "action list buy" rating to a "buy" rating and set a C$19.00 price target on the stock. in a research note on Thursday, February 8th. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to data from MarketBeat.com, the stock has an average rating of "Moderate Buy" and a consensus price target of C$18.08.

First Capital Realty Stock Up 1.3 %

TSE:FCR.UN traded up C$0.20 during trading hours on Thursday, reaching C$15.09. 197,118 shares of the stock were exchanged, compared to its average volume of 409,619. The stock has a market cap of C$3.20 billion, a PE ratio of -23.98, a PEG ratio of -2.77 and a beta of 1.25. First Capital Realty has a twelve month low of C$12.37 and a twelve month high of C$16.76. The firm has a 50 day moving average of C$15.49 and a 200 day moving average of C$15.01. The company has a debt-to-equity ratio of 104.33, a current ratio of 0.81 and a quick ratio of 0.07.

About First Capital Realty

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.