First Capital Real Estate Investment Trust (TSE:FCR.UN) PT Set at C$20.50 by Raymond James

Raymond James set a C$20.50 target price on First Capital Real Estate Investment Trust (TSE:FCR.UN) in a research note issued to investors on Friday, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

A number of other equities analysts have also weighed in on the stock. National Bankshares boosted their price objective on shares of First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a research report on Wednesday, October 9th. Canaccord Genuity Group increased their price target 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. TD Securities lifted their price objective on First Capital Real Estate Investment Trust from C$18.00 to C$20.00 and gave the company a “buy” rating in a research report on Wednesday, September 4th. CIBC upped 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 note on Thursday, August 1st. Finally, Royal Bank of Canada raised 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. One equities research analyst has rated the stock with a hold rating and nine have given a buy rating to the company. According to MarketBeat, First Capital Real Estate Investment Trust presently has an average rating of “Moderate Buy” and a consensus target price of C$19.36.

First Capital Real Estate Investment Trust Trading Down 1.3 %

Shares of FCR.UN opened at C$17.98 on Friday. The company has a debt-to-equity ratio of 112.41, a current ratio of 1.22 and a quick ratio of 0.07. 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 market cap of C$3.82 billion, a price-to-earnings ratio of -62.03, a price-to-earnings-growth ratio of -2.77 and a beta of 1.28. The firm has a 50 day simple moving average of C$17.76 and a 200-day simple moving average of C$16.15.

First Capital Real Estate Investment Trust Company Profile

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).