First Capital Real Estate Investment Trust (TSE:FCR.UN) Receives Average Rating of “Moderate Buy” from Analysts

First Capital Real Estate Investment Trust (TSE:FCR.UN) has been given an average recommendation of “Moderate Buy” by the ten research firms that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a hold recommendation and nine have issued a buy recommendation on the company. The average 12 month price objective among brokerages that have updated their coverage on the stock in the last year is C$19.36.

FCR.UN has been the subject of several recent research reports. TD Securities increased their target price on shares of First Capital Real Estate Investment Trust from C$18.00 to C$20.00 and gave the stock a “buy” rating in a research note on Wednesday, September 4th. CIBC lifted 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 research note on Thursday, August 1st. National Bankshares upped their price target on First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a research note on Wednesday, October 9th. Raymond James set a C$20.50 price objective on shares of First Capital Real Estate Investment Trust and gave the company an “outperform” rating in a research report on Friday, October 18th. Finally, Canaccord Genuity Group upped their price objective on shares of 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.

First Capital Real Estate Investment Trust Trading Down 0.5 %

Shares of First Capital Real Estate Investment Trust stock opened at C$17.94 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. The company has a fifty day simple moving average of C$17.88 and a 200-day simple moving average of C$16.21. The stock has a market cap of C$3.81 billion, a price-to-earnings ratio of -61.86, a PEG ratio of -2.77 and a beta of 1.28. First Capital Real Estate Investment Trust has a 12-month low of C$12.38 and a 12-month high of C$18.98.

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).