First Capital Real Estate Investment Trust (TSE:FCR.UN) Given Average Recommendation of “Moderate Buy” by Analysts

First Capital Real Estate Investment Trust (TSE:FCR.UN) has been assigned an average recommendation of “Moderate Buy” from the eight research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and seven have assigned a buy recommendation to the company. The average 1-year target price among brokers that have covered the stock in the last year is C$18.46.

FCR.UN has been the topic of several recent analyst reports. Scotiabank increased their price objective on shares of First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a report on Friday, August 2nd. Royal Bank of Canada raised their price target on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 in a research note on Friday, August 2nd. CIBC increased 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 report on Thursday, August 1st. Finally, Desjardins raised their target price on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the company a “buy” rating in a research report on Thursday, August 1st.

Insider Buying and Selling

In other First Capital Real Estate Investment Trust news, Director Al Mawani acquired 5,000 shares of the stock in a transaction dated Friday, June 14th. The stock was acquired at an average price of C$14.58 per share, with a total value of C$72,900.00. 0.43% of the stock is owned by corporate insiders.

First Capital Real Estate Investment Trust Price Performance

TSE:FCR.UN opened at C$17.35 on Friday. The firm’s fifty day moving average is C$16.05 and its two-hundred day moving average is C$15.60. The firm has a market cap of C$3.68 billion, a price-to-earnings ratio of -59.83, a PEG ratio of -2.77 and a beta of 1.27. The company has a debt-to-equity ratio of 112.41, a quick ratio of 0.07 and a current ratio of 1.22. First Capital Real Estate Investment Trust has a one year low of C$12.37 and a one year high of C$17.57.

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.