First Capital Real Estate Investment Trust (OTCMKTS:FCXXF – Get Free Report)’s share price traded up 2.2% during trading on Wednesday . The company traded as high as $15.08 and last traded at $15.08. 2,244 shares were traded during trading, a decline of 92% from the average session volume of 26,788 shares. The stock had previously closed at $14.75.
Analysts Set New Price Targets
Several analysts recently weighed in on the stock. Raymond James Financial cut shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “market perform” rating in a report on Wednesday, February 18th. BMO Capital Markets reiterated an “outperform” rating on shares of First Capital Real Estate Investment Trust in a report on Friday, February 13th. Royal Bank Of Canada reissued an “outperform” rating on shares of First Capital Real Estate Investment Trust in a research report on Friday, February 13th. Finally, Scotiabank restated a “sector perform” rating on shares of First Capital Real Estate Investment Trust in a report on Thursday, February 12th. Three investment analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.
Get Our Latest Report on FCXXF
First Capital Real Estate Investment Trust Trading Up 2.2%
First Capital Real Estate Investment Trust Company Profile
First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) is a Canadian real estate investment trust focused on the ownership, development and management of retail properties. The trust’s portfolio primarily comprises grocery-anchored and necessity-based shopping centres that serve urban and suburban neighbourhoods across Canada. By concentrating on properties with stable, long-term lease profiles and essential service offerings, First Capital REIT aims to provide consistent occupancy and rental revenue streams.
Established in 2012 through a strategic spin-off from an existing Canadian property group, First Capital REIT has grown its holdings through acquisitions, selective developments and joint-venture partnerships.
Further Reading
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