First Capital Real Estate Investment Trust (TSE:FCR.UN) Price Target Raised to C$18.75

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its price target hoisted by Scotiabank from C$17.50 to C$18.75 in a research note published on Wednesday, BayStreet.CA reports. They currently have a sector perform rating on the stock.

A number of other research analysts have also issued reports on FCR.UN. National Bankshares boosted their target price on shares of First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a research note on Wednesday, October 9th. Raymond James set a C$20.50 target price on shares of First Capital Real Estate Investment Trust and gave the stock an “outperform” rating in a research report on Friday, October 18th. Canaccord Genuity Group upped their price target on First Capital Real Estate Investment Trust from C$17.50 to C$20.00 and gave the company a “buy” rating in a research report on Monday, September 16th. BMO Capital Markets increased their target price on shares of First Capital Real Estate Investment Trust from C$18.50 to C$20.00 in a research report on Monday, October 28th. Finally, CIBC lifted their price target on 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. One analyst has rated the stock with a hold rating and nine have given a buy rating to the stock. Based on data from MarketBeat, First Capital Real Estate Investment Trust has a consensus rating of “Moderate Buy” and a consensus price target of C$20.11.

First Capital Real Estate Investment Trust Stock Down 1.1 %

Shares of First Capital Real Estate Investment Trust 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. The business has a 50-day moving average price of C$18.04 and a 200 day moving average price of C$16.31. First Capital Real Estate Investment Trust has a fifty-two week low of C$13.30 and a fifty-two week high of C$18.98. The firm has a market cap of C$3.73 billion, a P/E ratio of -60.62, a P/E/G ratio of -2.77 and a beta of 1.28.

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).