First Capital Real Estate Investment Trust (TSE:FCR.UN) Given Consensus Rating of “Moderate Buy” by Brokerages

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) have been assigned a consensus recommendation of “Moderate Buy” from the six research firms that are currently covering the company, Marketbeat.com reports. One research analyst has rated the stock with a hold recommendation and five have given a buy recommendation to the company. The average 12-month price target among analysts that have issued ratings on the stock in the last year is C$22.42.

Several analysts have recently commented on FCR.UN shares. National Bank Financial raised their price target on First Capital Real Estate Investment Trust from C$23.00 to C$23.50 and gave the company an “outperform” rating in a report on Friday, February 13th. Raymond James Financial cut First Capital Real Estate Investment Trust from an “outperform” rating to a “market perform” rating and raised their price target for the company from C$21.75 to C$22.50 in a report on Wednesday, February 18th. Finally, Royal Bank Of Canada raised their price target on First Capital Real Estate Investment Trust from C$22.00 to C$23.00 and gave the company an “outperform” rating in a report on Friday, February 13th.

First Capital Real Estate Investment Trust Stock Up 1.7%

FCR.UN opened at C$21.22 on Thursday. The company has a debt-to-equity ratio of 112.41, a current ratio of 1.22 and a quick ratio of 0.07. The business has a 50 day simple moving average of C$20.68 and a 200-day simple moving average of C$19.75. The stock has a market capitalization of C$4.51 billion, a P/E ratio of 4.24, a P/E/G ratio of -2.77 and a beta of 0.89. First Capital Real Estate Investment Trust has a 12 month low of C$15.17 and a 12 month high of C$21.85.

First Capital Real Estate Investment Trust (TSE:FCR.UN) last posted its quarterly earnings results on Tuesday, February 10th. The company reported C$4.00 EPS for the quarter. The business had revenue of C$185.38 million during the quarter. First Capital Real Estate Investment Trust had a negative return on equity of 1.57% and a negative net margin of 8.48%. On average, equities analysts anticipate that First Capital Real Estate Investment Trust will post 1.2480836 earnings per share for the current fiscal year.

About First Capital Real Estate Investment Trust

First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.