First Capital Realty Inc (TSE:FCR.UN) Receives C$18.37 Average Price Target from Analysts

First Capital Realty Inc (TSE:FCR.UN) has received an average rating of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat reports. One investment analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average 1 year price objective among brokerages that have covered the stock in the last year is C$18.37.

Several equities analysts have recently weighed in on FCR.UN shares. Scotiabank increased their price objective on shares of First Capital Realty from C$16.50 to C$17.25 and gave the company a “sector perform” rating in a research report on Thursday, February 8th. Royal Bank of Canada upped their price target on shares of First Capital Realty from C$17.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, February 8th. CIBC upped their price target on shares of First Capital Realty from C$17.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, February 8th. National Bankshares decreased their price target on shares of First Capital Realty from C$17.50 to C$17.25 and set an “outperform” rating on the stock in a research note on Wednesday, April 24th. Finally, BMO Capital Markets increased their price objective on shares of First Capital Realty from C$17.50 to C$18.50 in a research note on Friday, February 23rd.

First Capital Realty Stock Performance

TSE FCR.UN opened at C$14.78 on Friday. The company has a current ratio of 0.81, a quick ratio of 0.07 and a debt-to-equity ratio of 104.33. The firm’s fifty day moving average price is C$15.56 and its two-hundred day moving average price is C$15.00. First Capital Realty has a 1 year low of C$12.37 and a 1 year high of C$16.76. The firm has a market capitalization of C$3.14 billion, a P/E ratio of -23.46, a price-to-earnings-growth ratio of -2.77 and a beta of 1.25.

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.