Royal Bank of Canada Lowers First Capital Realty (TSE:FCR.UN) Price Target to C$18.00

First Capital Realty (TSE:FCR.UN) had its price target cut by stock analysts at Royal Bank of Canada from C$19.00 to C$18.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The brokerage presently has an “outperform” rating on the stock. Royal Bank of Canada’s price target suggests a potential upside of 18.11% from the company’s current price.

FCR.UN has been the topic of several other research reports. TD Securities cut shares of First Capital Realty from an “action list buy” rating to a “buy” rating and set a C$19.00 price target on the stock. in a research report on Thursday, February 8th. CIBC boosted their price target on shares of First Capital Realty from C$17.00 to C$19.00 and gave the company an “outperform” rating in a research report on Thursday, February 8th. Scotiabank boosted 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 research report on Thursday, February 8th. National Bankshares lowered their price target 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 report on Wednesday, April 24th. Finally, BMO Capital Markets boosted their price objective on shares of First Capital Realty from C$17.50 to C$18.50 in a report on Friday, February 23rd. One equities research analyst has rated the stock with a hold rating and seven have assigned a buy rating to the company’s stock. According to MarketBeat, the company presently has an average rating of “Moderate Buy” and an average target price of C$18.08.

First Capital Realty Trading Up 1.0 %

Shares of FCR.UN stock opened at C$15.24 on Thursday. The company’s 50-day moving average price is C$15.47 and its 200-day moving average price is C$15.01. The company has a current ratio of 0.81, a quick ratio of 0.07 and a debt-to-equity ratio of 104.33. The stock has a market cap of C$3.23 billion, a price-to-earnings ratio of -23.95, a PEG ratio of -2.77 and a beta of 1.25. First Capital Realty has a twelve month low of C$12.37 and a twelve month high of C$16.76.

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.