First Capital Real Estate Investment Trust (TSE:FCR.UN – Free Report) had its target price reduced by CIBC from C$19.00 to C$18.00 in a report released on Thursday morning, BayStreet.CA reports. CIBC currently has an outperform rating on the stock.
Other equities research analysts also recently issued research reports about the company. TD Securities downgraded First Capital Real Estate Investment Trust from an action list buy rating to a buy rating and set a C$19.00 price target for the company. in a report on Thursday, February 8th. Royal Bank of Canada lowered their target price on shares of First Capital Real Estate Investment Trust from C$19.00 to C$18.00 and set an outperform rating for the company in a report on Thursday. Scotiabank boosted their price target on shares of First Capital Real Estate Investment Trust from C$16.50 to C$17.25 and gave the stock a sector perform rating in a report on Thursday, February 8th. National Bankshares decreased their price objective on shares of First Capital Real Estate Investment Trust from C$17.50 to C$17.25 and set an outperform rating for the company in a research note on Wednesday, April 24th. Finally, BMO Capital Markets lifted their target price on shares of First Capital Real Estate Investment Trust from C$17.50 to C$18.50 in a research report on Friday, February 23rd. One analyst has rated the stock with a hold rating and seven have assigned a buy rating to the stock. According to data from MarketBeat.com, First Capital Real Estate Investment Trust currently has a consensus rating of Moderate Buy and a consensus price target of C$18.08.
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First Capital Real Estate Investment Trust Trading Up 1.0 %
First Capital Real Estate Investment Trust 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.
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