First Capital Real Estate Investment Trust (TSE:FCR.UN) Reaches New 1-Year High – Should You Buy?

First Capital Real Estate Investment Trust (TSE:FCR.UNGet Free Report)’s share price hit a new 52-week high on Monday . The stock traded as high as C$20.30 and last traded at C$20.24, with a volume of 18696 shares. The stock had previously closed at C$20.22.

Wall Street Analyst Weigh In

Separately, National Bankshares upped their price target on First Capital Real Estate Investment Trust from C$21.00 to C$22.00 and gave the company an “outperform” rating in a research report on Wednesday, October 8th. Five investment analysts have rated the stock with a Buy rating, According to data from MarketBeat.com, the stock currently has a consensus rating of “Buy” and a consensus price target of C$21.90.

Check Out Our Latest Research Report on FCR.UN

First Capital Real Estate Investment Trust Stock Performance

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 firm’s 50 day moving average price is C$19.20 and its 200 day moving average price is C$19.16. The stock has a market capitalization of C$4.15 billion, a P/E ratio of 16.91, a P/E/G ratio of -2.77 and a beta of 0.99.

About First Capital Real Estate Investment Trust

(Get Free Report)

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

Further Reading

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