First Capital Real Estate Investment Trust (TSE:FCR.UN – Get Free Report) had its price target hoisted by Desjardins from C$18.00 to C$19.00 in a research note issued on Thursday, BayStreet.CA reports. The brokerage currently has a “buy” rating on the stock. Desjardins’ price target suggests a potential upside of 15.57% from the stock’s previous close.
Other research analysts have also recently issued research reports about the company. Royal Bank of Canada dropped their price objective on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a research note on Thursday, May 2nd. National Bankshares dropped their target price on First Capital Real Estate Investment Trust from C$17.50 to C$17.25 and set an “outperform” rating on the stock in a research report on Wednesday, April 24th. Finally, CIBC dropped their target price on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating on the stock in a research report on Thursday, May 2nd. One equities research analyst has rated the stock with a hold rating and seven have given a buy rating to the company’s stock. According to data from MarketBeat, First Capital Real Estate Investment Trust presently has an average rating of “Moderate Buy” and a consensus price target of C$18.29.
View Our Latest Stock Report on First Capital Real Estate Investment Trust
First Capital Real Estate Investment Trust Trading Up 0.4 %
Insider Buying and Selling
In other news, Director Al Mawani acquired 5,000 shares of the stock in a transaction that occurred on Friday, June 14th. The shares were bought at an average cost of C$14.58 per share, for a total transaction of C$72,900.00. 0.42% of the stock is currently owned by insiders.
First Capital Real Estate Investment Trust Company Profile
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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