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

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

FCR.UN has been the topic of a number of research analyst reports. Raymond James set a C$20.50 target price on First Capital Real Estate Investment Trust and gave the stock an “outperform” rating in a research report on Friday, October 18th. Canaccord Genuity Group lifted their price target on First Capital Real Estate Investment Trust from C$17.50 to C$20.00 and gave the stock a “buy” rating in a research report on Monday, September 16th. CIBC increased their price objective on First Capital Real Estate Investment Trust from C$19.00 to C$21.00 and gave the company an “outperform” rating in a report on Wednesday, October 30th. National Bankshares lifted their target price on shares of First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a report on Wednesday, October 9th. Finally, Royal Bank of Canada upped their price target on shares of 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.

First Capital Real Estate Investment Trust Stock Up 0.8 %

First Capital Real Estate Investment Trust stock opened at C$17.24 on Friday. The stock’s fifty day moving average is C$17.57 and its two-hundred day moving average is C$17.13. The stock has a market cap of C$3.66 billion, a PE ratio of -59.45, a P/E/G ratio of -2.77 and a beta of 1.28. First Capital Real Estate Investment Trust has a 1-year low of C$14.19 and a 1-year high of C$18.98. The company has a debt-to-equity ratio of 112.41, a current ratio of 1.22 and a quick ratio of 0.07.

About First Capital Real Estate Investment Trust

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).