First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) Receives Average Rating of “Hold” from Brokerages

Shares of First Capital Real Estate Investment Trust (OTCMKTS:FCXXFGet Free Report) have received a consensus rating of “Hold” from the six research firms that are presently covering the firm, MarketBeat.com reports. Five analysts have rated the stock with a hold rating and one has issued a buy rating on the company.

FCXXF has been the subject of a number of recent analyst reports. Canadian Imperial Bank of Commerce lowered shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “neutral” rating in a research report on Thursday, April 16th. Scotiabank reiterated a “sector perform” rating on shares of First Capital Real Estate Investment Trust in a research report on Friday, April 17th. Raymond James Financial lowered shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “market perform” rating in a research report on Wednesday, February 18th. BMO Capital Markets lowered shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “market perform” rating in a research report on Wednesday, May 6th. Finally, Royal Bank Of Canada lowered shares of First Capital Real Estate Investment Trust from an “outperform” rating to a “sector perform” rating in a research report on Wednesday, May 27th.

Check Out Our Latest Research Report on FCXXF

First Capital Real Estate Investment Trust Trading Down 0.7%

FCXXF opened at $16.62 on Friday. First Capital Real Estate Investment Trust has a 1-year low of $12.81 and a 1-year high of $17.60. The company has a 50 day simple moving average of $16.44 and a two-hundred day simple moving average of $15.10.

First Capital Real Estate Investment Trust Company Profile

(Get Free Report)

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.

Recommended Stories

Analyst Recommendations for First Capital Real Estate Investment Trust (OTCMKTS:FCXXF)

Receive News & Ratings for First Capital Real Estate Investment Trust Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for First Capital Real Estate Investment Trust and related companies with MarketBeat.com's FREE daily email newsletter.