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Real Estate News 24

First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) Receives Average Recommendation of “Buy” from Analysts

Beth McCandry

Shares of First Capital Real Estate Investment Trust (OTCMKTS:FCXXF – Get Rating) have been assigned an average recommendation of “Buy” from the seven research firms that are presently covering the stock, MarketBeat.com reports. Three analysts have rated the stock with a buy rating. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is $21.00.

A number of brokerages have recently weighed in on FCXXF. Royal Bank of Canada lowered their price target on First Capital Real Estate Investment Trust from C$22.00 to C$21.00 in a report on Thursday, May 5th. BMO Capital Markets reduced their price target on First Capital Real Estate Investment Trust from C$21.50 to C$21.00 in a research report on Thursday, May 5th. Scotiabank cut their price objective on First Capital Real Estate Investment Trust from C$20.00 to C$19.50 in a report on Thursday, May 5th. Finally, National Bank Financial cut their price objective on First Capital Real Estate Investment Trust from C$20.50 to C$19.50 in a report on Wednesday, April 27th.

FCXXF stock opened at $12.34 on Thursday. First Capital Real Estate Investment Trust has a 52-week low of $11.57 and a 52-week high of $15.14. The stock’s 50 day moving average is $12.74 and its two-hundred day moving average is $13.71.

First Capital Real Estate Investment Trust Company Profile (Get Rating)

First Capital is a leading developer, owner and manager of mixed-use real estate located in Canada’s most densely populated cities. First Capital’s focus is on creating thriving urban neighborhoods to generate value for businesses, residents, communities and our investors.

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

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