First Capital Real Estate Investment Trust (TSE:FCR.UN) Price Target Raised to C$19.00 at CIBC

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its target price boosted by stock analysts at CIBC from C$18.00 to C$19.00 in a report released on Thursday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. CIBC’s price target would indicate a potential upside of 15.57% from the company’s previous close.

A number of other equities analysts have also recently issued reports on FCR.UN. National Bankshares dropped their price objective on First Capital Real Estate Investment Trust from C$17.50 to C$17.25 and set an “outperform” rating for the company in a report on Wednesday, April 24th. Royal Bank of Canada lowered their target price on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an “outperform” rating for the company in a report on Thursday, May 2nd. Finally, Desjardins upped their target price on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock a “buy” rating in a report on Thursday. One investment analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, First Capital Real Estate Investment Trust currently has an average rating of “Moderate Buy” and a consensus target price of C$18.29.

First Capital Real Estate Investment Trust Trading Up 0.4 %

Shares of First Capital Real Estate Investment Trust stock traded up C$0.07 on Thursday, reaching C$16.44. The company had a trading volume of 163,071 shares, compared to its average volume of 359,466. The firm has a market cap of C$3.49 billion, a price-to-earnings ratio of -32.24, a P/E/G ratio of -2.77 and a beta of 1.26. The company has a debt-to-equity ratio of 104.57, a current ratio of 0.90 and a quick ratio of 0.07. The firm’s 50-day moving average price is C$15.18 and its two-hundred day moving average price is C$15.44. First Capital Real Estate Investment Trust has a 1 year low of C$12.37 and a 1 year high of C$16.76.

Insider Activity at First Capital Real Estate Investment Trust

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 that occurred on Friday, June 14th. The shares were bought at an average cost of C$14.58 per share, with a total value of C$72,900.00. 0.42% of the stock is currently owned by corporate 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.