First Capital Realty Inc (TSE:FCR.UN) Receives Consensus Recommendation of “Moderate Buy” from Brokerages

Shares of First Capital Realty Inc (TSE:FCR.UN) have been assigned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the company, Marketbeat Ratings reports. One investment analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. The average 1-year price target among brokerages that have covered the stock in the last year is C$18.37.

A number of analysts recently issued reports on the stock. Scotiabank lifted 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 research note on Thursday, February 8th. BMO Capital Markets lifted their price objective on shares of First Capital Realty from C$17.50 to C$18.50 in a report on Friday, February 23rd. TD Securities cut shares of First Capital Realty from an “action list buy” rating to a “buy” rating and set a C$19.00 target price on the stock. in a report on Thursday, February 8th. Royal Bank of Canada raised their price target on shares of First Capital Realty from C$17.00 to C$19.00 and gave the stock an “outperform” rating in a research report on Thursday, February 8th. Finally, National Bankshares lowered their price objective on shares of First Capital Realty from C$17.50 to C$17.25 and set an “outperform” rating for the company in a research report on Wednesday.

First Capital Realty Stock Down 0.3 %

Shares of First Capital Realty stock opened at C$14.99 on Friday. First Capital Realty has a 1-year low of C$12.37 and a 1-year high of C$16.76. The company has a market capitalization of C$3.18 billion, a PE ratio of -23.79, a P/E/G ratio of -2.77 and a beta of 1.25. The company has a debt-to-equity ratio of 104.33, a current ratio of 0.81 and a quick ratio of 0.07. The business has a 50-day moving average of C$15.59 and a 200-day moving average of C$14.98.

About First Capital Realty

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.