First Capital Realty (TSE:FCR.UN) Price Target Lowered to C$17.25 at National Bankshares

First Capital Realty (TSE:FCR.UN) had its target price reduced by National Bankshares from C$17.50 to C$17.25 in a research note issued to investors on Wednesday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. National Bankshares’ target price would indicate a potential upside of 14.77% from the stock’s current price.

A number of other research analysts have also recently issued reports on the stock. Royal Bank of Canada lifted their target price on shares of First Capital Realty from C$17.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday, February 8th. TD Securities cut shares of 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 note on Thursday, February 8th. Scotiabank upped their price objective on First Capital Realty from C$16.50 to C$17.25 and gave the stock a “sector perform” rating in a report on Thursday, February 8th. BMO Capital Markets upped their price objective on First Capital Realty from C$17.50 to C$18.50 in a report on Friday, February 23rd. Finally, CIBC upped their price objective on First Capital Realty from C$17.00 to C$19.00 and gave the stock an “outperform” rating in a report on Thursday, February 8th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the stock. According to data from MarketBeat, First Capital Realty has a consensus rating of “Moderate Buy” and a consensus target price of C$18.37.

First Capital Realty Stock Up 0.4 %

Shares of FCR.UN opened at C$15.03 on Wednesday. First Capital Realty has a 12 month low of C$12.37 and a 12 month high of C$16.76. The company has a 50-day moving average price of C$15.65 and a two-hundred day moving average price of C$14.96. The company has a quick ratio of 0.07, a current ratio of 0.81 and a debt-to-equity ratio of 104.33. The stock has a market cap of C$3.19 billion, a price-to-earnings ratio of -23.86, a P/E/G ratio of -2.77 and a beta of 1.25.

About First Capital Realty

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.