First Capital Realty (TSE:FCR.UN) PT Lowered to C$18.00 at CIBC

First Capital Realty (TSE:FCR.UN) had its price objective lowered by equities researchers at CIBC from C$19.00 to C$18.00 in a research report issued to clients and investors on Thursday, BayStreet.CA reports. The firm currently has an “outperform” rating on the stock. CIBC’s price objective indicates a potential upside of 19.13% from the company’s previous close.

A number of other brokerages also recently commented on FCR.UN. Scotiabank raised their price objective on First Capital Realty from C$16.50 to C$17.25 and gave the stock a “sector perform” rating in a research report on Thursday, February 8th. National Bankshares cut their target price on First Capital Realty from C$17.50 to C$17.25 and set an “outperform” rating for the company in a research report on Wednesday, April 24th. Royal Bank of Canada cut their target price on First Capital Realty from C$19.00 to C$18.00 and set an “outperform” rating for the company in a research report on Thursday. BMO Capital Markets raised their target price on First Capital Realty from C$17.50 to C$18.50 in a research report on Friday, February 23rd. Finally, TD Securities downgraded 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 report on Thursday, February 8th. One analyst has rated the stock with a hold rating and seven have given a buy rating to the company. Based on data from MarketBeat, First Capital Realty presently has a consensus rating of “Moderate Buy” and a consensus price target of C$18.08.

First Capital Realty Stock Performance

Shares of FCR.UN stock traded up C$0.22 during mid-day trading on Thursday, reaching C$15.11. The stock had a trading volume of 76,697 shares, compared to its average volume of 408,107. The firm’s 50 day simple moving average is C$15.49 and its 200 day simple moving average is C$15.01. The company has a quick ratio of 0.07, a current ratio of 0.81 and a debt-to-equity ratio of 104.33. First Capital Realty has a one year low of C$12.37 and a one year high of C$16.76. The firm has a market cap of C$3.21 billion, a PE ratio of -23.98, a P/E/G ratio of -2.77 and a beta of 1.25.

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.