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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) Given Average Recommendation of "Moderate Buy" by Analysts

First Capital Real Estate Investment Trust (TSE:FCR.UN - Get Free Report) has been assigned an average rating of "Moderate Buy" from the ten ratings firms that are covering the stock, Marketbeat reports. One investment analyst has rated the stock with a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month price target among brokers that have updated their coverage on the stock in the last year is C$19.36.

Several research analysts have recently commented on the company. Royal Bank of Canada lifted 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. Scotiabank increased their price objective on First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a research report on Friday, August 2nd. CIBC boosted their target price 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 research note on Thursday, August 1st. Desjardins increased their price objective 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 note on Thursday, August 1st. Finally, 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 report on Friday.

View Our Latest Research Report on First Capital Real Estate Investment Trust

First Capital Real Estate Investment Trust stock opened at C$18.21 on Friday. The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 112.41. First Capital Real Estate Investment Trust has a 1-year low of C$12.38 and a 1-year high of C$18.98. The firm has a market capitalization of C$3.86 billion, a PE ratio of -62.79, a price-to-earnings-growth ratio of -2.77 and a beta of 1.28. The firm's 50 day simple moving average is C$17.76 and its 200 day simple moving average is C$16.15.

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).

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