First Capital Realty (TSE:FCR.UN) Price Target Cut to C$18.00 by Analysts at CIBC

First Capital Realty (TSE:FCR.UN) had its price objective trimmed by CIBC from C$19.00 to C$18.00 in a research note issued to investors on Thursday morning, BayStreet.CA reports. The firm currently has an outperform rating on the stock.

Other equities research analysts also recently issued reports about the company. Royal Bank of Canada lowered their price target on First Capital Realty from C$19.00 to C$18.00 and set an outperform rating for the company in a report 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, February 8th. BMO Capital Markets raised their price target on shares of First Capital Realty from C$17.50 to C$18.50 in a research report on Friday, February 23rd. Scotiabank lifted their price target on shares of First Capital Realty from C$16.50 to C$17.25 and gave the company a sector perform rating in a report on Thursday, February 8th. Finally, National Bankshares dropped their price objective on shares of First Capital Realty from C$17.50 to C$17.25 and set an outperform rating on the stock in a research note on Wednesday, April 24th. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company. According to data from MarketBeat.com, the company currently has a consensus rating of Moderate Buy and a consensus price target of C$18.08.

First Capital Realty Stock Up 1.0 %

TSE:FCR.UN traded up C$0.15 during mid-day trading on Thursday, reaching C$15.24. The stock had a trading volume of 232,920 shares, compared to its average volume of 407,595. The stock’s 50 day simple moving average is C$15.47 and its two-hundred day simple moving average is C$15.01. First Capital Realty has a 1-year low of C$12.37 and a 1-year high of C$16.76. The company has a market capitalization of C$3.23 billion, a price-to-earnings ratio of -23.95, a price-to-earnings-growth ratio of -2.77 and a beta of 1.25. The company has a debt-to-equity ratio of 104.33, a current ratio of 0.81 and a quick ratio of 0.07.

First Capital Realty 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.