First Capital Real Estate Investment Trust (TSE:FCR.UN – Get Free Report) has received an average recommendation of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and seven have issued a buy recommendation on the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is C$18.08.
FCR.UN has been the subject of a number of research reports. National Bankshares decreased their price objective on First Capital Real Estate Investment Trust from C$17.50 to C$17.25 and set an “outperform” rating for the company in a report on Wednesday, April 24th. Royal Bank of Canada cut their target price on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a research note on Thursday, May 2nd. BMO Capital Markets increased their target price on First Capital Real Estate Investment Trust from C$17.50 to C$18.50 in a research note on Friday, February 23rd. Finally, CIBC cut their target price on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a research note on Thursday, May 2nd.
Read Our Latest Research Report on First Capital Real Estate Investment Trust
First Capital Real Estate Investment Trust Price Performance
Insider Buying and Selling
In related news, Director Al Mawani purchased 5,000 shares of First Capital Real Estate Investment Trust stock in a transaction on Friday, June 14th. The stock was acquired at an average price of C$14.58 per share, for a total transaction of C$72,900.00. 0.42% of the stock is owned by insiders.
About First Capital Real Estate Investment Trust
First Capital Realty Inc acquires, develops, redevelops, owns, and manages urban retail-centered real estate properties in Canada. The company's property portfolio comprises grocery stores, pharmacies, liquor stores, banks, restaurants, cafes, fitness centers, medical, and childcare facilities. It also offers other professional and personal services.
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