TD Securities Cuts Firm Capital Mortgage Investment Corp (FC) Price Target to C$13.50
Firm Capital Mortgage Investment Corp (TSE:FC) had its target price reduced by equities researchers at TD Securities from C$14.00 to C$13.50 in a report issued on Tuesday. TD Securities’ price objective would indicate a potential upside of 5.88% from the stock’s current price.
Shares of Firm Capital Mortgage Investment Corp (TSE FC) remained flat at $C$12.75 during mid-day trading on Tuesday. The company’s stock had a trading volume of 23,744 shares, compared to its average volume of 37,701. Firm Capital Mortgage Investment Corp has a one year low of C$12.14 and a one year high of C$14.47.
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In other Firm Capital Mortgage Investment Corp news, Director Eli Dadouch purchased 2,265 shares of the firm’s stock in a transaction on Tuesday, August 29th. The shares were purchased at an average price of C$12.86 per share, for a total transaction of C$29,127.90.
Firm Capital Mortgage Investment Corporation is a Canada-based mortgage investment company. The Company is a non-bank lender that finances a range of properties, which include residential houses, small multi-family residential properties consisting of approximately six units, residential apartment buildings, mixed-use residential apartments and store-front properties, investment properties, land and development sites, and development and construction projects.
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