Brokerages Set First Capital Real Estate Investment Trust (TSE:FCR.UN) Target Price at C$20.11

First Capital Real Estate Investment Trust (TSE:FCR.UN) has earned an average recommendation of “Moderate Buy” from the nine analysts that are covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 1-year price objective among brokers that have issued a report on the stock in the last year is C$20.11.

FCR.UN has been the subject of a number of research analyst reports. Desjardins boosted 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 note on Thursday, August 1st. TD Securities boosted their target price on First Capital Real Estate Investment Trust from C$20.00 to C$21.00 and gave the company a “buy” rating in a research note on Wednesday, October 30th. Raymond James set a C$20.50 price target on First Capital Real Estate Investment Trust and gave the company an “outperform” rating in a report on Friday, October 18th. Royal Bank of Canada boosted their price target on First Capital Real Estate Investment Trust from C$19.00 to C$20.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. Finally, Canaccord Genuity Group boosted 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 report on Monday, September 16th.

First Capital Real Estate Investment Trust Stock Up 0.2 %

Shares of First Capital Real Estate Investment Trust stock opened at C$17.69 on Thursday. The company has a quick ratio of 0.07, a current ratio of 1.22 and a debt-to-equity ratio of 112.41. First Capital Real Estate Investment Trust has a 12 month low of C$13.61 and a 12 month high of C$18.98. The business has a fifty day simple moving average of C$18.11 and a 200 day simple moving average of C$16.52. The stock has a market cap of C$3.75 billion, a PE ratio of -61.00, a price-to-earnings-growth 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).