First Capital Real Estate Investment Trust (TSE:FCR.UN – Get Free Report) has been given a consensus recommendation of “Moderate Buy” by the eight brokerages that are currently covering the company, Marketbeat.com reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1-year price target among brokerages that have updated their coverage on the stock in the last year is C$18.08.
FCR.UN has been the topic of several analyst reports. CIBC dropped their price objective 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 report on Thursday, May 2nd. Royal Bank of Canada cut their price target on shares of First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a report on Thursday, May 2nd. Finally, National Bankshares decreased their price objective on shares of 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.
Read Our Latest Report on FCR.UN
First Capital Real Estate Investment Trust Stock Up 1.8 %
Insider Transactions at First Capital Real Estate Investment Trust
In related news, Director Al Mawani bought 5,000 shares of the stock in a transaction dated Friday, June 14th. The stock was bought at an average cost of C$14.58 per share, with a total value of C$72,900.00. Insiders own 0.42% of the company’s stock.
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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