First Capital Real Estate Investment Trust (TSE:FCR.UN) Receives Consensus Rating of “Moderate Buy” from Analysts

First Capital Real Estate Investment Trust (TSE:FCR.UN) has earned an average rating of “Moderate Buy” from the eight brokerages that are currently covering the firm, Marketbeat.com reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 12 month price objective among analysts that have updated their coverage on the stock in the last year is C$18.08.

A number of brokerages have weighed in on FCR.UN. National Bankshares reduced their price target on shares of First Capital Real Estate Investment Trust from C$17.50 to C$17.25 and set an “outperform” rating for the company in a report on Wednesday, April 24th. CIBC reduced their price target on shares of First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating for the company in a report on Thursday, May 2nd. Finally, Royal Bank of Canada dropped their price objective on shares of First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating for the company in a research note on Thursday, May 2nd.

Insider Activity

In other First Capital Real Estate Investment Trust news, Director Al Mawani bought 5,000 shares of First Capital Real Estate Investment Trust stock in a transaction dated Friday, June 14th. The shares were bought at an average price of C$14.58 per share, with a total value of C$72,900.00. Insiders own 0.42% of the company’s stock.

First Capital Real Estate Investment Trust Price Performance

TSE FCR.UN opened at C$14.47 on Monday. The company has a current ratio of 0.90, a quick ratio of 0.07 and a debt-to-equity ratio of 104.57. The company has a fifty day simple moving average of C$14.95 and a 200 day simple moving average of C$15.37. The company has a market cap of C$3.07 billion, a P/E ratio of -28.37, a P/E/G ratio of -2.77 and a beta of 1.26. First Capital Real Estate Investment Trust has a 1 year low of C$12.37 and a 1 year high of C$16.76.

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.