First Capital Real Estate Investment Trust (TSE:FCR.UN – Free Report) had its price target upped by Royal Bank of Canada from C$18.00 to C$19.00 in a report published on Friday, BayStreet.CA reports.
Several other brokerages also recently commented on FCR.UN. CIBC raised their price objective on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 and gave the stock an outperform rating in a research note on Thursday. Scotiabank raised their price objective on First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a research note on Friday. Desjardins raised their price objective on 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. Finally, 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 on the stock in a research note on Wednesday, April 24th. One research analyst has rated the stock with a hold rating and seven have given a buy rating to the company. According to MarketBeat.com, the stock has a consensus rating of Moderate Buy and a consensus target price of C$18.46.
Check Out Our Latest Analysis on First Capital Real Estate Investment Trust
First Capital Real Estate Investment Trust Stock Performance
Insiders Place Their Bets
In related news, Director Al Mawani acquired 5,000 shares of the firm’s stock in a transaction dated Friday, June 14th. The stock was bought at an average price of C$14.58 per share, for a total transaction of C$72,900.00. Corporate 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.
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