First Capital Real Estate Investment Trust (TSE:FCR.UN – Get Free Report)’s stock price reached a new 52-week high during trading on Monday . The stock traded as high as C$18.09 and last traded at C$18.01, with a volume of 74952 shares traded. The stock had previously closed at C$17.82.
Wall Street Analyst Weigh In
Several research analysts recently weighed in on FCR.UN shares. TD Securities boosted their price target on shares of First Capital Real Estate Investment Trust from C$18.00 to C$20.00 and gave the stock a “buy” rating in a report on Wednesday, September 4th. Desjardins boosted their price target on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Thursday, August 1st. Scotiabank boosted their price target on shares of First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a report on Friday, August 2nd. CIBC boosted their price target on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a report on Thursday, August 1st. Finally, Royal Bank of Canada boosted their price target on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 in a report on Friday, August 2nd. One research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company currently has an average rating of “Moderate Buy” and an average price target of C$18.61.
Read Our Latest Stock Report on FCR.UN
First Capital Real Estate Investment Trust Stock Down 0.2 %
Insider Transactions at First Capital Real Estate Investment Trust
In other First Capital Real Estate Investment Trust news, Director Al Mawani bought 5,000 shares of First Capital Real Estate Investment Trust stock in a transaction that occurred on Friday, June 14th. The shares were bought at an average price of C$14.58 per share, with a total value of C$72,900.00. Insiders own 0.43% of the company’s stock.
About First Capital Real Estate Investment Trust
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.
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