BMO Capital Markets Boosts First Capital Realty (TSE:FCR.UN) Price Target to C$17.50

First Capital Realty (TSE:FCR.UNGet Free Report) had its price objective boosted by research analysts at BMO Capital Markets from C$16.00 to C$17.50 in a research report issued on Monday, BayStreet.CA reports. BMO Capital Markets’ price target suggests a potential upside of 5.36% from the stock’s previous close.

A number of other brokerages have also issued reports on FCR.UN. National Bankshares lifted their target price on shares of First Capital Realty from C$17.00 to C$17.50 and gave the company an “outperform” rating in a research note on Thursday. TD Securities lowered shares of First Capital Realty from an “action list buy” rating to a “buy” rating and set a C$19.00 target price for the company. in a research note on Thursday. Veritas Investment Research reissued a “buy” rating on shares of First Capital Realty in a research note on Thursday, November 2nd. Scotiabank lifted their target price on shares of First Capital Realty from C$16.50 to C$17.25 and gave the company a “sector perform” rating in a research note on Thursday. Finally, Royal Bank of Canada lifted their target price on shares of First Capital Realty from C$17.00 to C$19.00 and gave the company an “outperform” rating in a research note on Thursday. 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.com, the company has a consensus rating of “Moderate Buy” and an average target price of C$18.26.

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First Capital Realty Stock Performance

Shares of FCR.UN traded up C$0.07 during mid-day trading on Monday, reaching C$16.61. 136,212 shares of the company’s stock traded hands, compared to its average volume of 392,667. The business’s 50-day moving average price is C$15.32 and its 200-day moving average price is C$14.35. The stock has a market capitalization of C$3.52 billion, a P/E ratio of -13.07, a price-to-earnings-growth ratio of -2.77 and a beta of 1.26. The company has a debt-to-equity ratio of 110.87, a quick ratio of 0.07 and a current ratio of 0.56. First Capital Realty has a 12 month low of C$12.37 and a 12 month high of C$18.22.

About First Capital Realty

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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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