First Capital Real Estate Investment Trust (TSE:FCR.UN) Stock Crosses Above 200-Day Moving Average – Time to Sell?

First Capital Real Estate Investment Trust (TSE:FCR.UN)’s stock price passed above its two hundred day moving average during trading on Monday . The stock has a two hundred day moving average of C$16.91 and traded as high as C$17.58. First Capital Real Estate Investment Trust shares last traded at C$17.33, with a volume of 321,576 shares traded.

Wall Street Analysts Forecast Growth

A number of equities research analysts have weighed in on the company. National Bankshares upped their target price on First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a research report 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. Royal Bank of Canada upped 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 research report on Wednesday, October 30th. CIBC increased their target price on shares of First Capital Real Estate Investment Trust from C$19.00 to C$21.00 and gave the stock an “outperform” rating in a research report on Wednesday, October 30th. Finally, TD Securities boosted their price target 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. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and an average target price of C$20.11.

First Capital Real Estate Investment Trust Trading Up 0.1 %

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 company has a market capitalization of C$3.68 billion, a price-to-earnings ratio of -59.76, a P/E/G ratio of -2.77 and a beta of 1.28. The company has a 50-day moving average price of C$17.82 and a 200-day moving average price of C$16.91.

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).