Analysts Set First Capital Real Estate Investment Trust (TSE:FCR.UN) PT at C$20.11

First Capital Real Estate Investment Trust (TSE:FCR.UN) has earned an average rating of “Moderate Buy” from the eight brokerages that are covering the firm, Marketbeat.com reports. One analyst has rated the stock with a hold recommendation and seven have given a buy recommendation to the company. The average twelve-month price objective among analysts that have updated their coverage on the stock in the last year is C$20.11.

Several equities research analysts have issued reports on the stock. CIBC boosted their price objective on shares of First Capital Real Estate Investment Trust from C$19.00 to C$21.00 and gave the company an “outperform” rating in a research report on Wednesday, October 30th. Royal Bank of Canada increased their price objective on First Capital Real Estate Investment Trust from C$19.00 to C$20.00 and gave the stock an “outperform” rating in a research note on Wednesday, October 30th. Scotiabank raised their price objective on First Capital Real Estate Investment Trust from C$17.50 to C$18.75 and gave the stock a “sector perform” rating in a report on Wednesday, October 30th. BMO Capital Markets upped their target price on First Capital Real Estate Investment Trust from C$18.50 to C$20.00 in a report on Monday, October 28th. Finally, National Bankshares raised their price target on First Capital Real Estate Investment Trust from C$19.00 to C$20.75 in a research note on Wednesday, October 9th.

First Capital Real Estate Investment Trust Stock Down 0.1 %

Shares of TSE FCR.UN opened at C$17.44 on Monday. First Capital Real Estate Investment Trust has a 1 year low of C$14.07 and a 1 year high of C$18.98. The firm has a 50-day simple moving average of C$17.86 and a two-hundred day simple moving average of C$16.85. The company has a market cap of C$3.70 billion, a P/E ratio of -60.14, a PEG ratio of -2.77 and a beta of 1.28. The company has a debt-to-equity ratio of 112.41, a current ratio of 1.22 and a quick ratio of 0.07.

About First Capital Real Estate Investment Trust

First Capital Real Estate Investment Trust (First Capital, RCF or the Fund) is an unincorporated open-end mutual fund governed by the laws of the Province of Ontario, Canada, and established pursuant to a declaration of trust dated October 16, 2019, which may be amended from time to time (the Declaration of Trust).