First Capital Real Estate Investment Trust (TSE:FCR.UN) Receives Consensus Recommendation of "Moderate Buy" from Brokerages

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN - Get Free Report) have received a consensus recommendation of "Moderate Buy" from the eight analysts that are presently covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold rating and seven have issued a buy rating on the company. The average 1-year price target among brokerages that have issued a report on the stock in the last year is C$20.11.

Several analysts have issued reports on FCR.UN shares. Scotiabank increased their target price 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 research note on Wednesday, October 30th. Royal Bank of Canada boosted their price objective on shares of 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 company an "outperform" rating in a report on Friday, October 18th. CIBC increased their price objective on 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. Finally, TD Securities boosted their target price on First Capital Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company a "buy" rating in a research note on Wednesday, October 30th.

First Capital Real Estate Investment Trust Stock Performance

Shares of FCR.UN stock traded down C$0.02 on Tuesday, hitting C$16.65. 206,298 shares of the stock were exchanged, compared to its average volume of 318,350. The firm's 50 day moving average is C$17.17 and its two-hundred day moving average is C$17.37. First Capital Real Estate Investment Trust has a one year low of C$14.19 and a one year high of C$18.98. The firm has a market capitalization of C$3.53 billion, a PE ratio of -57.41, a P/E/G ratio of -2.77 and a beta of 1.28. 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 Company Profile

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).