First Capital Real Estate Investment Trust (TSE:FCR.UN) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) have received an average rating of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat reports. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price target among brokerages that have covered the stock in the last year is C$20.11.

FCR.UN has been the topic of a number of recent research reports. BMO Capital Markets increased their price objective on shares of First Capital Real Estate Investment Trust from C$18.50 to C$20.00 in a research note on Monday, October 28th. Royal Bank of Canada increased their target price on First Capital Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Raymond James set a C$20.50 price target on First Capital Real Estate Investment Trust and gave the stock an “outperform” rating in a research report on Friday, October 18th. National Bankshares raised their price objective on First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a research report on Wednesday, October 9th. Finally, CIBC boosted their target price on shares of First Capital Real Estate Investment Trust from C$19.00 to C$21.00 and gave the stock an “outperform” rating in a report on Wednesday, October 30th.

First Capital Real Estate Investment Trust Stock Down 0.9 %

Shares of First Capital Real Estate Investment Trust stock opened at C$17.32 on Monday. The company has a debt-to-equity ratio of 112.41, a current ratio of 1.22 and a quick ratio of 0.07. The stock has a market cap of C$3.68 billion, a price-to-earnings ratio of -59.72, a PEG ratio of -2.77 and a beta of 1.28. The firm’s 50-day moving average is C$17.84 and its two-hundred day moving average is C$16.86. First Capital Real Estate Investment Trust has a 1 year low of C$14.19 and a 1 year high of C$18.98.

About First Capital Real Estate Investment Trust

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).