First Capital Realty - FCR.UN Stock Forecast, Price & News

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. In addition, the company is involved in the development of mixed-use properties that include residential condominiums and rental apartments. As of December 31, 2018, it owned interests in 166 properties with approximately 25.5 million square feet of gross leasable area. The company was formerly known as Centrefund Realty Corporation and changed its name to First Capital Realty Inc. in September 2001. First Capital Realty Inc. was founded in 1957 and is headquartered in Toronto, Canada.

Wall Street Analysts Forecast Growth

Several research analysts have commented on FCR.UN shares. Royal Bank of Canada dropped their price objective on shares of First Capital Realty from C$22.00 to C$21.00 and set an "outperform" rating for the company in a report on Thursday, May 5th. National Bankshares increased their price objective on shares of First Capital Realty from C$17.00 to C$18.00 in a report on Tuesday, August 2nd. CIBC dropped their price objective on shares of First Capital Realty from C$21.00 to C$19.50 in a report on Monday, June 27th. BMO Capital Markets decreased their target price on shares of First Capital Realty from C$21.50 to C$21.00 in a research report on Thursday, May 5th. Finally, Scotiabank decreased their target price on shares of First Capital Realty from C$20.00 to C$19.50 in a research report on Thursday, May 5th.

First Capital Realty Price Performance

Shares of TSE:FCR.UN traded down C$0.18 during mid-day trading on Wednesday, hitting C$15.84. 116,566 shares of the company's stock traded hands, compared to its average volume of 526,772. The company's 50-day moving average is C$15.12 and its two-hundred day moving average is C$16.46. The company has a debt-to-equity ratio of 95.24, a current ratio of 0.78 and a quick ratio of 0.09. The company has a market capitalization of C$3.41 billion and a P/E ratio of 16.52. First Capital Realty has a 1 year low of C$14.08 and a 1 year high of C$19.19.