National Bankshares Cuts First Capital Realty (TSE:FCR.UN) Price Target to C$17.25

First Capital Realty (TSE:FCR.UN) had its target price cut by National Bankshares from C$17.50 to C$17.25 in a research report sent to investors on Wednesday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Other equities research analysts have also issued research reports about the stock. CIBC boosted their price target on shares of First Capital Realty from C$17.00 to C$19.00 and gave the stock an outperform rating in a report on Thursday, February 8th. BMO Capital Markets boosted their price target on shares of First Capital Realty from C$17.50 to C$18.50 in a report on Friday, February 23rd. TD Securities lowered shares of First Capital Realty from an action list buy rating to a buy rating and set a C$19.00 price target for the company. in a report on Thursday, February 8th. Royal Bank of Canada boosted their price target on shares of First Capital Realty from C$17.00 to C$19.00 and gave the stock an outperform rating in a report on Thursday, February 8th. Finally, Scotiabank upped their target price on shares of First Capital Realty from C$16.50 to C$17.25 and gave the stock a sector perform rating in a report on Thursday, February 8th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company. Based on data from MarketBeat.com, the stock presently has an average rating of Moderate Buy and an average price target of C$18.37.

First Capital Realty Price Performance

Shares of TSE FCR.UN opened at C$14.99 on Wednesday. The firm has a market cap of C$3.18 billion, a PE ratio of -23.79, a PEG ratio of -2.77 and a beta of 1.25. The firm has a fifty day moving average of C$15.62 and a 200 day moving average of C$14.96. The company has a debt-to-equity ratio of 104.33, a quick ratio of 0.07 and a current ratio of 0.81. First Capital Realty has a one year low of C$12.37 and a one year high of C$16.76.

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.