First Capital Real Estate Investment Trust (TSE:FCR.UN) PT Raised to C$20.75 at National Bankshares

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its price objective increased by stock analysts at National Bankshares from C$19.00 to C$20.75 in a research note issued on Wednesday, BayStreet.CA reports. National Bankshares’ price target would suggest a potential upside of 15.60% from the stock’s current price.

Several other research analysts have also weighed in on FCR.UN. CIBC upped their price objective 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 research note on Thursday, August 1st. Royal Bank of Canada boosted their price target on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 in a research note on Friday, August 2nd. 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 report on Monday, September 16th. TD Securities increased their price target on shares of First Capital Real Estate Investment Trust from C$18.00 to C$20.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. Finally, Desjardins increased their target price on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock a “buy” rating in a research report on Thursday, August 1st. One investment analyst has rated the stock with a hold rating and eight have issued a buy rating to the stock. According to data from MarketBeat.com, the stock currently has a consensus rating of “Moderate Buy” and an average target price of C$19.22.

First Capital Real Estate Investment Trust Stock Up 0.6 %

Shares of First Capital Real Estate Investment Trust stock traded up C$0.10 during midday trading on Wednesday, hitting C$17.95. The company’s stock had a trading volume of 127,799 shares, compared to its average volume of 351,494. 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 1-year low of C$12.38 and a 1-year high of C$18.98. The stock has a 50-day simple moving average of C$17.51 and a 200-day simple moving average of C$16.02. The firm has a market capitalization of C$3.81 billion, a P/E ratio of -61.90, a PEG ratio of -2.77 and a beta of 1.27.

First Capital Real Estate Investment Trust Company Profile

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.