First Capital Real Estate Investment Trust (TSE:FCR.UN) Price Target Raised to C$21.00 at CIBC

First Capital Real Estate Investment Trust (TSE:FCR.UN - Free Report) had its target price lifted by CIBC from C$19.00 to C$21.00 in a research note released on Wednesday, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other research analysts have also recently issued research reports about the company. Canaccord Genuity Group increased their price objective on First Capital Real Estate Investment Trust from C$17.50 to C$20.00 and gave the stock a "buy" rating in a research report on Monday, September 16th. BMO Capital Markets increased their price target on shares of First Capital Real Estate Investment Trust from C$18.50 to C$20.00 in a report on Monday. TD Securities boosted their price objective on shares of First Capital Real Estate Investment Trust from C$20.00 to C$21.00 and gave the stock a "buy" rating in a report on Wednesday. Raymond James set a C$20.50 target price on shares of First Capital Real Estate Investment Trust and gave the company an "outperform" rating in a report on Friday, October 18th. Finally, National Bankshares boosted 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. One analyst has rated the stock with a hold rating and nine have issued a buy rating to the company. Based on data from MarketBeat.com, First Capital Real Estate Investment Trust has a consensus rating of "Moderate Buy" and an average target price of C$20.11.

First Capital Real Estate Investment Trust Stock Performance

Shares of TSE:FCR.UN traded up C$0.14 during trading on Wednesday, reaching C$18.07. The company had a trading volume of 380,302 shares, compared to its average volume of 349,355. First Capital Real Estate Investment Trust has a fifty-two week low of C$12.72 and a fifty-two week high of C$18.98. 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's fifty day moving average price is C$18.00 and its 200 day moving average price is C$16.29. The firm has a market capitalization of C$3.84 billion, a price-to-earnings ratio of -62.31, a price-to-earnings-growth ratio of -2.77 and a beta of 1.28.

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).