First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) have been assigned an average recommendation of “Moderate Buy” from the six research firms that are currently covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company.

Several research analysts have recently commented on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating on shares of First Capital Real Estate Investment Trust in a report on Friday, February 13th. BMO Capital Markets reaffirmed an “outperform” rating on shares of First Capital Real Estate Investment Trust in a report on Friday, February 13th. Raymond James Financial downgraded shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. Scotiabank reiterated a “sector perform” rating on shares of First Capital Real Estate Investment Trust in a research report on Friday, April 17th. Finally, Canadian Imperial Bank of Commerce downgraded shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “neutral” rating in a research report on Thursday, April 16th.

First Capital Real Estate Investment Trust Price Performance

OTCMKTS FCXXF opened at $17.07 on Thursday. First Capital Real Estate Investment Trust has a one year low of $12.26 and a one year high of $17.60. The company has a 50-day simple moving average of $15.50 and a 200-day simple moving average of $14.42.

About First Capital Real Estate Investment Trust

First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) is a Canadian real estate investment trust focused on the ownership, development and management of retail properties. The trust’s portfolio primarily comprises grocery-anchored and necessity-based shopping centres that serve urban and suburban neighbourhoods across Canada. By concentrating on properties with stable, long-term lease profiles and essential service offerings, First Capital REIT aims to provide consistent occupancy and rental revenue streams.

Established in 2012 through a strategic spin-off from an existing Canadian property group, First Capital REIT has grown its holdings through acquisitions, selective developments and joint-venture partnerships.