First Capital Real Estate Investment Trust (TSE:FCR.UN – Get Free Report) has earned a consensus recommendation of “Moderate Buy” from the eight brokerages that are presently covering the company, Marketbeat.com 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 price target among brokerages that have updated their coverage on the stock in the last year is C$18.46.
A number of equities analysts have commented on the company. Desjardins lifted their target price on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the company a “buy” rating in a research note on Thursday, August 1st. CIBC boosted their price target on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the company an “outperform” rating in a report on Thursday, August 1st. Scotiabank increased their price objective on shares of First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a report on Friday, August 2nd. Finally, Royal Bank of Canada lifted their price objective on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 in a research report on Friday, August 2nd.
View Our Latest Research Report on FCR.UN
First Capital Real Estate Investment Trust Trading Up 0.5 %
Insider Buying and Selling
In related news, Director Al Mawani acquired 5,000 shares of the firm’s stock in a transaction dated Friday, June 14th. The stock was acquired at an average cost of C$14.58 per share, for a total transaction of C$72,900.00. Corporate insiders own 0.43% 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.
Featured Articles
- Five stocks we like better than First Capital Real Estate Investment Trust
- Financial Services Stocks Investing
- The Solar Stock Battle: Is Daqo or JinkoSolar Your Next Big Win?
- What is the Hang Seng index?
- Are These Chinese Stocks a Buy? Michael Burry’s Top Picks Say Yes
- Stock Ratings and Recommendations: Understanding Analyst Ratings
- Five Below Stock Faces Challenges Despite Strong Revenue Growth
Receive News & Ratings for First Capital Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Capital Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.