First Capital Real Estate Investment Trust (TSE:FCR.UN) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) have received an average rating of “Moderate Buy” from the nine ratings firms that are presently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a hold rating and eight have assigned a buy rating to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is C$18.78.

FCR.UN has been the subject of a number of recent research reports. 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 stock a “buy” rating in a report on Monday, September 16th. TD Securities increased their price target on First Capital Real Estate Investment Trust from C$18.00 to C$20.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Scotiabank lifted their price objective on First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a research report on Friday, August 2nd. Desjardins increased their target price on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. Finally, CIBC raised their price target on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock an “outperform” rating in a research note on Thursday, August 1st.

First Capital Real Estate Investment Trust Trading Down 0.5 %

First Capital Real Estate Investment Trust stock opened at C$18.65 on Wednesday. The stock has a market cap of C$3.96 billion, a PE ratio of -64.31, a P/E/G ratio of -2.77 and a beta of 1.27. The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 112.41. The stock has a 50-day moving average price of C$17.33 and a 200 day moving average price of C$15.93. First Capital Real Estate Investment Trust has a 52 week low of C$12.37 and a 52 week high of C$18.98.

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.