Shares of First Capital Real Estate Investment Trust (TSE:FCR.UN – Get Free Report) passed above its 200-day moving average during trading on Wednesday . The stock has a 200-day moving average of C$22.26 and traded as high as C$22.83. First Capital Real Estate Investment Trust shares last traded at C$22.81, with a volume of 217,373 shares trading hands.
Analysts Set New Price Targets
A number of equities analysts have recently commented on FCR.UN shares. Royal Bank Of Canada cut shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating and lifted their target price for the company from C$23.00 to C$24.40 in a report on Wednesday, May 27th. BMO Capital Markets cut shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “market perform” rating and increased their price target for the stock from C$22.00 to C$24.20 in a research note on Thursday, May 7th. One equities research analyst has rated the stock with a Buy rating and five have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Hold” and an average target price of C$23.90.
Check Out Our Latest Research Report on FCR.UN
First Capital Real Estate Investment Trust Stock Performance
First Capital Real Estate Investment Trust (TSE:FCR.UN – Get Free Report) last issued its quarterly earnings results on Monday, July 27th. The company reported C$0.11 earnings per share (EPS) for the quarter. The business had revenue of C$185.87 million for the quarter. First Capital Real Estate Investment Trust had a negative net margin of 8.48% and a negative return on equity of 1.57%. On average, equities analysts forecast that First Capital Real Estate Investment Trust will post 1.2480836 EPS for the current year.
About First Capital Real Estate Investment Trust
First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.
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