National Bank Financial Issues Positive Forecast for First Capital Real Estate Investment Trust (TSE:FCR.UN) Stock Price

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its price target hoisted by National Bank Financial from C$23.00 to C$23.50 in a research note published on Friday morning,BayStreet.CA reports. They currently have an outperform rating on the stock.

Separately, Royal Bank Of Canada boosted their price objective on First Capital Real Estate Investment Trust from C$22.00 to C$23.00 and gave the company an “outperform” rating in a research report on Friday. Five investment analysts have rated the stock with a Buy rating, Based on data from MarketBeat.com, First Capital Real Estate Investment Trust has a consensus rating of “Buy” and an average target price of C$22.40.

First Capital Real Estate Investment Trust Stock Down 0.4%

TSE FCR.UN opened at C$20.26 on Friday. First Capital Real Estate Investment Trust has a twelve month low of C$15.17 and a twelve month high of C$20.88. The stock has a market cap of C$4.30 billion, a PE ratio of 4.05, a PEG ratio of -2.77 and a beta of 0.99. The firm has a 50-day simple moving average of C$19.44 and a 200 day simple moving average of C$19.29. The company has a debt-to-equity ratio of 112.41, a quick ratio of 0.07 and a current ratio of 1.22.

First Capital Real Estate Investment Trust (TSE:FCR.UN) last issued its quarterly earnings results on Tuesday, February 10th. The company reported C$4.00 earnings per share (EPS) for the quarter. The firm had revenue of C$185.38 million for the quarter. First Capital Real Estate Investment Trust had a negative return on equity of 1.57% and a negative net margin of 8.48%. On average, research analysts forecast that First Capital Real Estate Investment Trust will post 1.2480836 EPS for the current year.

About First Capital Real Estate Investment Trust

First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.