Analysts Set First Capital Real Estate Investment Trust (TSE:FCR.UN) Target Price at C$20.11

First Capital Real Estate Investment Trust (TSE:FCR.UN) has been assigned a consensus rating of “Moderate Buy” from the eight ratings firms that are covering the company, MarketBeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is C$20.11.

Several equities analysts have recently commented on FCR.UN shares. TD Securities boosted their price objective on First Capital Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company a “buy” rating in a research report on Wednesday, October 30th. CIBC upped their price target on First Capital Real Estate Investment Trust from C$19.00 to C$21.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Raymond James set a C$20.50 price objective on shares of First Capital Real Estate Investment Trust and gave the company an “outperform” rating in a research report on Friday, October 18th. Royal Bank of Canada upped their target price on shares of First Capital Real Estate Investment Trust from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Finally, Canaccord Genuity Group lifted their price target on shares of First Capital Real Estate Investment Trust from C$17.50 to C$20.00 and gave the company a “buy” rating in a report on Monday, September 16th.

First Capital Real Estate Investment Trust Stock Down 0.9 %

TSE FCR.UN opened at C$17.32 on Monday. First Capital Real Estate Investment Trust has a 52 week low of C$14.19 and a 52 week high of C$18.98. 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 company has a market capitalization of C$3.68 billion, a P/E ratio of -59.72, a price-to-earnings-growth ratio of -2.77 and a beta of 1.28. The stock’s 50-day moving average price is C$17.84 and its 200-day moving average price is C$16.86.

First Capital Real Estate Investment Trust Company Profile

First Capital Real Estate Investment Trust (First Capital, RCF or the Fund) is an unincorporated open-end mutual fund governed by the laws of the Province of Ontario, Canada, and established pursuant to a declaration of trust dated October 16, 2019, which may be amended from time to time (the Declaration of Trust).