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

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN - Get Free Report) have earned an average rating of "Moderate Buy" from the eight analysts that are presently covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 12 month price target among brokerages that have issued a report on the stock in the last year is C$20.11.

FCR.UN has been the subject of a number of recent research reports. National Bankshares raised their price target on First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a research note on Wednesday, October 9th. BMO Capital Markets raised their price objective on shares of First Capital Real Estate Investment Trust from C$18.50 to C$20.00 in a research report on Monday, October 28th. Raymond James set a C$20.50 target price on shares of First Capital Real Estate Investment Trust and gave the stock an "outperform" rating in a research report on Friday, October 18th. CIBC raised their price target on shares of First Capital Real Estate Investment Trust from C$19.00 to C$21.00 and gave the company an "outperform" rating in a report on Wednesday, October 30th. Finally, Scotiabank upped their price objective on shares of First Capital Real Estate Investment Trust from C$17.50 to C$18.75 and gave the stock a "sector perform" rating in a report on Wednesday, October 30th.

First Capital Real Estate Investment Trust Stock Up 0.8 %

TSE FCR.UN traded up C$0.13 during trading on Friday, reaching C$17.24. 135,280 shares of the company's stock were exchanged, compared to its average volume of 153,966. The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 112.41. First Capital Real Estate Investment Trust has a fifty-two week low of C$14.19 and a fifty-two week high of C$18.98. The company's fifty day simple moving average is C$17.57 and its 200-day simple moving average is C$17.10. The firm has a market capitalization of C$3.66 billion, a PE ratio of -59.45, a P/E/G ratio of -2.77 and a beta of 1.28.

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).