First Capital Real Estate Investment Trust (TSE:FCR.UN) PT Raised to C$20.75 at National Bankshares

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its price target increased by analysts at National Bankshares from C$19.00 to C$20.75 in a research note issued to investors on Wednesday, BayStreet.CA reports. National Bankshares’ price objective would indicate a potential upside of 16.90% from the company’s previous close.

Several other research firms have also recently weighed in on FCR.UN. Canaccord Genuity Group increased their price objective on First Capital Real Estate Investment Trust from C$17.50 to C$20.00 and gave the stock a “buy” rating in a research report on Monday, September 16th. Desjardins increased 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 report on Thursday, August 1st. Scotiabank increased their price objective on First Capital Real Estate Investment Trust from C$17.25 to C$17.50 in a research report on Friday, August 2nd. Royal Bank of Canada increased their price objective on First Capital Real Estate Investment Trust from C$18.00 to C$19.00 in a research report on Friday, August 2nd. Finally, CIBC increased 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 report on Thursday, August 1st. One investment analyst has rated the stock with a hold rating and eight have given a buy rating to the company’s stock. According to data from MarketBeat, First Capital Real Estate Investment Trust has an average rating of “Moderate Buy” and an average target price of C$19.22.

First Capital Real Estate Investment Trust Stock Down 0.9 %

FCR.UN opened at C$17.75 on Wednesday. First Capital Real Estate Investment Trust has a 1-year low of C$12.38 and a 1-year high of C$18.98. The stock’s fifty day simple moving average is C$17.57 and its 200 day simple moving average is C$16.05. The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 112.41. The stock has a market cap of C$3.77 billion, a PE ratio of -61.21, a price-to-earnings-growth ratio of -2.77 and a beta of 1.28.

About First Capital Real Estate Investment Trust

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.