First Capital Realty Inc (TSE:FCR.UN) Receives C$18.37 Average Price Target from Brokerages

Shares of First Capital Realty Inc (TSE:FCR.UN) have received an average recommendation of “Moderate Buy” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. The average 12-month price objective among brokers that have covered the stock in the last year is C$18.37.

A number of brokerages have weighed in on FCR.UN. Royal Bank of Canada boosted their target price on First Capital Realty from C$17.00 to C$19.00 and gave the stock an “outperform” rating in a research report on Thursday, February 8th. National Bankshares decreased their target price on First Capital Realty from C$17.50 to C$17.25 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. CIBC boosted their target price on First Capital Realty from C$17.00 to C$19.00 and gave the stock an “outperform” rating in a research report on Thursday, February 8th. BMO Capital Markets boosted their target price on First Capital Realty from C$17.50 to C$18.50 in a research report on Friday, February 23rd. Finally, TD Securities lowered First Capital Realty from an “action list buy” rating to a “buy” rating and set a C$19.00 target price for the company. in a research report on Thursday, February 8th.

First Capital Realty Stock Performance

Shares of FCR.UN stock opened at C$14.78 on Friday. First Capital Realty has a 12 month low of C$12.37 and a 12 month high of C$16.76. The stock has a market cap of C$3.14 billion, a PE ratio of -23.46, a price-to-earnings-growth ratio of -2.77 and a beta of 1.25. The company has a current ratio of 0.81, a quick ratio of 0.07 and a debt-to-equity ratio of 104.33. The company’s fifty day moving average price is C$15.56 and its 200-day moving average price is C$15.00.

First Capital Realty 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.