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

Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN) have earned an average rating of “Moderate Buy” from the seven ratings firms that are currently covering the firm, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation and four have assigned a buy recommendation to the company. The average 1 year price objective among brokerages that have issued a report on the stock in the last year is C$23.04.

A number of equities analysts recently issued reports on FCR.UN shares. Canaccord Genuity Group downgraded shares of First Capital Real Estate Investment Trust from a “buy” rating to a “hold” rating and raised their price objective for the stock from C$23.50 to C$24.40 in a report on Friday, April 17th. Canadian Imperial Bank of Commerce downgraded shares of First Capital Real Estate Investment Trust from an “outperformer” rating to a “neutral” rating and raised their price objective for the stock from C$22.50 to C$24.40 in a report on Friday, April 17th. National Bank Financial raised their price objective on shares of First Capital Real Estate Investment Trust from C$23.00 to C$23.50 and gave the stock an “outperform” rating in a report on Friday, February 13th. Royal Bank Of Canada raised their price objective on shares of First Capital Real Estate Investment Trust from C$22.00 to C$23.00 and gave the stock an “outperform” rating in a report on Friday, February 13th. Finally, Raymond James Financial downgraded shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “market perform” rating and raised their price objective for the stock from C$21.75 to C$22.50 in a report on Wednesday, February 18th.

First Capital Real Estate Investment Trust Stock Performance

FCR.UN opened at C$23.38 on Monday. 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 market cap of C$4.97 billion, a price-to-earnings ratio of 4.67, a PEG ratio of -2.77 and a beta of 0.96. The company’s 50 day moving average is C$21.48 and its 200 day moving average is C$20.12. First Capital Real Estate Investment Trust has a 12-month low of C$16.98 and a 12-month high of C$23.84.

First Capital Real Estate Investment Trust (TSE:FCR.UN) last posted its quarterly earnings data on Tuesday, February 10th. The company reported C$4.00 earnings per share (EPS) for the quarter. The company had revenue of C$185.38 million 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%. On average, equities research analysts predict that First Capital Real Estate Investment Trust will post 1.2480836 EPS 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.