First Capital Real Estate Investment Trust (TSE:FCR.UN) Given Average Recommendation of “Hold” by Analysts

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) have received a consensus rating of “Hold” from the six research firms that are presently covering the stock, Marketbeat Ratings reports. Five analysts have rated the stock with a hold recommendation and one has assigned a buy recommendation to the company. The average 1-year price target among brokerages that have issued ratings on the stock in the last year is C$23.90.

FCR.UN has been the subject of a number of analyst reports. Royal Bank Of Canada lowered First Capital Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and raised their price target for the stock from C$23.00 to C$24.40 in a report on Wednesday, May 27th. BMO Capital Markets lowered First Capital Real Estate Investment Trust from an “outperform” rating to a “market perform” rating and boosted their price objective for the company from C$22.00 to C$24.20 in a research note on Thursday, May 7th.

First Capital Real Estate Investment Trust Stock Performance

Shares of FCR.UN stock opened at C$22.72 on Wednesday. The stock has a market capitalization of C$4.83 billion, a P/E ratio of 4.68, a PEG ratio of -2.77 and a beta of 1.01. The company has a current ratio of 1.22, a quick ratio of 0.07 and a debt-to-equity ratio of 112.41. The firm’s 50 day moving average is C$23.05 and its 200 day moving average is C$22.24. First Capital Real Estate Investment Trust has a 12 month low of C$18.26 and a 12 month high of C$23.84.

First Capital Real Estate Investment Trust (TSE:FCR.UN) last released its quarterly earnings data on Monday, July 27th. The company reported C$0.11 earnings per share for the quarter. First Capital Real Estate Investment Trust had a negative net margin of 8.48% and a negative return on equity of 1.57%. The business had revenue of C$185.87 million during the quarter. On average, sell-side analysts anticipate that First Capital Real Estate Investment Trust will post 1.2480836 earnings per share for the current year.

First Capital Real Estate Investment Trust Company Profile

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