First Capital Real Estate Investment Trust (TSE:FCR.UN) Reaches New 52-Week High – Time to Buy?

First Capital Real Estate Investment Trust (TSE:FCR.UNGet Free Report)’s share price reached a new 52-week high during trading on Wednesday . The company traded as high as C$20.30 and last traded at C$20.21, with a volume of 108307 shares. The stock had previously closed at C$19.84.

Analyst Ratings Changes

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

Read Our Latest Stock Report on First Capital Real Estate Investment Trust

First Capital Real Estate Investment Trust Price Performance

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 company has a 50 day moving average of C$19.23 and a 200-day moving average of C$19.20. The firm has a market capitalization of C$4.30 billion, a P/E ratio of 17.54, 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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