First Capital Realty (TSE:FCR.UN) PT Lowered to C$18.00 at CIBC

First Capital Realty (TSE:FCR.UN) had its price objective dropped by CIBC from C$19.00 to C$18.00 in a research report issued on Thursday, BayStreet.CA reports. The brokerage currently has an “outperform” rating on the stock. CIBC’s target price would indicate a potential upside of 19.13% from the stock’s current price.

A number of other brokerages have also issued reports on FCR.UN. TD Securities lowered shares of First Capital Realty from an “action list buy” rating to a “buy” rating and set a C$19.00 price objective for the company. in a report on Thursday, February 8th. Royal Bank of Canada lowered their price target on shares of First Capital Realty from C$19.00 to C$18.00 and set an “outperform” rating for the company in a report on Thursday. BMO Capital Markets raised their price target on shares of First Capital Realty from C$17.50 to C$18.50 in a report on Friday, February 23rd. Scotiabank raised their price target on shares of First Capital Realty from C$16.50 to C$17.25 and gave the stock a “sector perform” rating in a report on Thursday, February 8th. Finally, National Bankshares lowered their price target on shares of First Capital Realty from C$17.50 to C$17.25 and set an “outperform” rating for the company in a report on Wednesday, April 24th. One analyst has rated the stock with a hold rating and seven have issued a buy rating to the company’s stock. Based on data from MarketBeat, the stock has an average rating of “Moderate Buy” and a consensus target price of C$18.08.

First Capital Realty Trading Up 1.5 %

TSE FCR.UN traded up C$0.22 during trading hours on Thursday, reaching C$15.11. The company’s stock had a trading volume of 76,697 shares, compared to its average volume of 408,107. The firm has a fifty day simple moving average of C$15.49 and a 200-day simple moving average of C$15.01. The stock has a market cap of C$3.21 billion, a P/E ratio of -23.98, a P/E/G ratio of -2.77 and a beta of 1.25. First Capital Realty has a 52 week low of C$12.37 and a 52 week high of C$16.76. The company has a debt-to-equity ratio of 104.33, a current ratio of 0.81 and a quick ratio of 0.07.

First Capital Realty Company Profile

First Capital Realty Inc acquires, develops, redevelops, owns, and manages urban retail-centered real estate properties in Canada. The company's property portfolio comprises grocery stores, pharmacies, liquor stores, banks, restaurants, cafes, fitness centers, medical, and childcare facilities. It also offers other professional and personal services.