National Bank Financial Lowers First Capital Realty Inc (FCR) Price Target to C$23.50
First Capital Realty Inc (TSE:FCR) had its price objective dropped by research analysts at National Bank Financial from C$24.25 to C$23.50 in a report released on Monday. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price would indicate a potential upside of 21.32% from the stock’s current price.
A number of other brokerages have also recently commented on FCR. TD Securities reiterated a “buy” rating and set a C$25.00 price target on shares of First Capital Realty in a research report on Friday, November 11th. Scotiabank reiterated a “sector perform” rating and set a C$23.00 price target on shares of First Capital Realty in a research report on Thursday, November 10th. CIBC increased their price target on shares of First Capital Realty from C$22.50 to C$23.00 in a research report on Thursday, August 18th. Finally, Canaccord Genuity increased their price target on shares of First Capital Realty from C$23.50 to C$25.00 in a research report on Wednesday, July 27th.
Shares of First Capital Realty (TSE:FCR) opened at 19.38 on Monday. The stock has a 50 day moving average of $21.43 and a 200 day moving average of $21.84. The company has a market cap of $4.65 billion and a price-to-earnings ratio of 12.61. First Capital Realty has a 1-year low of $17.56 and a 1-year high of $23.31.
First Capital Realty Company Profile
First Capital Realty Inc (FCR) is a Canada-based company, which is engages in the business of acquiring, developing, redeveloping, owning and managing urban retail-centered properties. The Company owns, develops and manages of grocery anchored, urban properties where people live and shop. The Company has three operating segments: Eastern, which includes operations primarily in Quebec and Ottawa; Central, which includes the Company’s Ontario operations excluding Ottawa; and Western, which includes operations in Alberta and British Columbia.
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