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

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its price objective boosted by TD Securities from C$20.00 to C$21.00 in a research note released on Wednesday morning, BayStreet.CA reports. TD Securities currently has a buy rating on the stock.

Several other equities analysts also recently commented on FCR.UN. Scotiabank boosted their price objective on First Capital Real Estate Investment Trust from C$17.50 to C$18.75 and gave the company a “sector perform” rating in a research report on Wednesday. BMO Capital Markets lifted their price objective on shares of First Capital Real Estate Investment Trust from C$18.50 to C$20.00 in a research note on Monday, October 28th. CIBC boosted their target price on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the company an “outperform” rating in a research report on Thursday, August 1st. Raymond James set a C$20.50 price target on shares of First Capital Real Estate Investment Trust and gave the company an “outperform” rating in a report on Friday, October 18th. Finally, Canaccord Genuity Group increased their target price 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 note on Monday, September 16th. One investment analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. According to data from MarketBeat.com, First Capital Real Estate Investment Trust has an average rating of “Moderate Buy” and an average target price of C$20.11.

First Capital Real Estate Investment Trust Stock Down 1.1 %

FCR.UN stock opened at C$17.58 on Wednesday. The company has a quick ratio of 0.07, a current ratio of 1.22 and a debt-to-equity ratio of 112.41. First Capital Real Estate Investment Trust has a twelve month low of C$13.30 and a twelve month high of C$18.98. The stock has a market cap of C$3.73 billion, a P/E ratio of -60.62, a PEG ratio of -2.77 and a beta of 1.28. The business’s 50-day moving average price is C$18.04 and its 200-day moving average price is C$16.31.

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).