First Capital Realty (TSE:FCR) Price Target Raised to C$25.00 at Canaccord Genuity

First Capital Realty (TSE:FCR) had its target price lifted by Canaccord Genuity from C$24.00 to C$25.00 in a report released on Wednesday, BayStreet.CA reports.

A number of other analysts have also recently issued reports on FCR. National Bank Financial reduced their target price on shares of First Capital Realty from C$23.00 to C$22.50 in a research note on Friday, May 10th. CIBC lifted their target price on shares of First Capital Realty from C$23.00 to C$23.50 in a research note on Friday, August 2nd. Finally, Raymond James reiterated a market perform rating and issued a C$22.50 target price on shares of First Capital Realty in a research note on Friday, August 2nd. One equities research analyst has rated the stock with a hold rating, two have issued a buy rating and one has assigned a strong buy rating to the company. The stock currently has a consensus rating of Buy and an average price target of C$23.93.

Shares of FCR opened at C$22.35 on Wednesday. The company’s 50 day moving average price is C$22.02 and its 200 day moving average price is C$21.57. First Capital Realty has a 52 week low of C$18.28 and a 52 week high of C$22.49. The company has a market capitalization of $4.90 billion and a PE ratio of 16.40. The company has a debt-to-equity ratio of 117.75, a quick ratio of 0.07 and a current ratio of 0.93.



First Capital Realty (TSE:FCR) last posted its earnings results on Wednesday, July 31st. The company reported C$0.36 earnings per share (EPS) for the quarter, beating the Zacks’ consensus estimate of C$0.31 by C$0.05. The business had revenue of C$186.83 million during the quarter. On average, equities analysts forecast that First Capital Realty will post 1.9 earnings per share for the current fiscal year.

About First Capital Realty

First Capital Realty Inc acquires, develops, redevelops, owns, and manages urban retail-centered real estate properties in Canada. The company's property portfolio comprises grocery stores, pharmacies, liquor stores, banks, restaurants, cafes, fitness centers, medical, and childcare facilities. It also offers other professional and personal services.

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