First Capital Real Estate Investment Trust (TSE:FCR.UN – Get Free Report) had its target price increased by analysts at Canaccord Genuity Group from C$17.50 to C$20.00 in a note issued to investors on Monday, BayStreet.CA reports. The firm presently has a “buy” rating on the stock. Canaccord Genuity Group’s price target indicates a potential upside of 8.64% from the stock’s previous close.
Several other research analysts also recently issued reports on FCR.UN. Scotiabank upped their price target on shares of First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a research report on Friday, August 2nd. Desjardins upped 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. CIBC raised 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. Royal Bank of Canada upped their price objective on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 in a report on Friday, August 2nd. Finally, TD Securities lifted their target price 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 note on Wednesday, September 4th. One research analyst has rated the stock with a hold rating and eight have given a buy rating to the company. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$18.78.
Read Our Latest Stock Report on First Capital Real Estate Investment Trust
First Capital Real Estate Investment Trust Trading Up 0.3 %
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.
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