First Capital Realty (TSE:FCR) Trading Up 0.6% – Still a Buy?

First Capital Realty Inc. (TSE:FCR) shares were up 0.6% during trading on Monday . The stock traded as high as C$20.95 and last traded at C$20.86. Approximately 3,044,888 shares traded hands during trading, an increase of 551% from the average daily volume of 468,009 shares. The stock had previously closed at C$20.74.

Analysts Set New Price Targets

Several research firms have recently weighed in on FCR. Canaccord Genuity Group upgraded First Capital Realty to a “strong-buy” rating in a research note on Monday, September 16th. Raymond James raised First Capital Realty to a “moderate buy” rating in a research report on Thursday, October 17th.

First Capital Realty Stock Performance

The business’s 50-day moving average is C$20.86.

First Capital Realty Announces Dividend

The company also recently declared a monthly dividend, which was paid on Friday, November 15th. Stockholders of record on Thursday, October 31st were issued a dividend of $0.072 per share. The ex-dividend date was Thursday, October 31st. This represents a $0.86 annualized dividend and a dividend yield of ∞.