First Capital Real Estate Investment Trust (TSE:FCR.UN) Given New C$17.50 Price Target at Scotiabank

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its price objective hoisted by Scotiabank from C$17.25 to C$17.50 in a report published on Friday morning, BayStreet.CA reports.

Other research analysts have also issued research reports about the stock. Desjardins boosted their price objective on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock a buy rating in a research note on Thursday. CIBC boosted their target price on shares of First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock an outperform rating in a research report on Thursday. Royal Bank of Canada dropped their target price on shares of 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. Finally, National Bankshares dropped their target price on shares of 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. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to MarketBeat.com, First Capital Real Estate Investment Trust currently has a consensus rating of Moderate Buy and a consensus target price of C$18.46.

First Capital Real Estate Investment Trust Trading Down 0.4 %

TSE:FCR.UN opened at C$16.39 on Friday. First Capital Real Estate Investment Trust has a one year low of C$12.37 and a one year high of C$16.76. The company has a debt-to-equity ratio of 104.57, a quick ratio of 0.07 and a current ratio of 0.90. The firm has a market cap of C$3.48 billion, a P/E ratio of -32.14, a P/E/G ratio of -2.77 and a beta of 1.26. The firm has a 50-day simple moving average of C$15.25 and a 200-day simple moving average of C$15.46.

Insider Activity

In other First Capital Real Estate Investment Trust news, Director Al Mawani bought 5,000 shares of First Capital Real Estate Investment Trust stock in a transaction dated Friday, June 14th. The stock was acquired at an average cost of C$14.58 per share, for a total transaction of C$72,900.00. Company insiders own 0.42% of the company’s stock.

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.