First Capital Real Estate Investment Trust (TSE:FCR.UN) PT Lowered to C$18.00 at CIBC

First Capital Real Estate Investment Trust (TSE:FCR.UN) had its target price reduced by CIBC from C$19.00 to C$18.00 in a report released on Thursday morning, BayStreet.CA reports. They currently have an outperform rating on the stock.

Several other research firms have also recently weighed in on FCR.UN. National Bankshares lowered their price objective on shares of First Capital Real Estate Investment Trust from C$17.50 to C$17.25 and set an outperform rating for the company in a research report on Wednesday, April 24th. Scotiabank raised their price target on shares of First Capital Real Estate Investment Trust from C$16.50 to C$17.25 and gave the company a sector perform rating in a report on Thursday, February 8th. Royal Bank of Canada reduced their price objective on First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an outperform rating on the stock in a report on Thursday. BMO Capital Markets lifted their target price on First Capital Real Estate Investment Trust from C$17.50 to C$18.50 in a research note on Friday, February 23rd. Finally, TD Securities lowered First Capital Real Estate Investment Trust from an action list buy rating to a buy rating and set a C$19.00 price target on the stock. in a research note on Thursday, February 8th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, First Capital Real Estate Investment Trust has a consensus rating of Moderate Buy and a consensus target price of C$18.08.

First Capital Real Estate Investment Trust Price Performance

Shares of FCR.UN stock opened at C$15.24 on Thursday. The stock’s fifty day moving average is C$15.44 and its 200-day moving average is C$15.05. The company has a debt-to-equity ratio of 104.33, a quick ratio of 0.07 and a current ratio of 0.81. First Capital Real Estate Investment Trust has a 52 week low of C$12.37 and a 52 week high of C$16.76. The stock has a market capitalization of C$3.23 billion, a PE ratio of -24.19, a PEG ratio of -2.77 and a beta of 1.25.

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.