Scotiabank Trims First Capital Real Estate Investment Trust (OTCMKTS:FCXXF) Target Price to C$19.50

First Capital Real Estate Investment Trust (OTCMKTS:FCXXF – Get Rating) had its price objective reduced by Scotiabank from C$20.00 to C$19.50 in a research note published on Thursday morning, The Fly reports.

Separately, National Bank Financial lowered their price objective on First Capital Real Estate Investment Trust from C$20.50 to C$19.50 in a research report on Wednesday, April 27th. Two research analysts have rated the stock with a hold rating and five have given a buy rating to the stock. According to MarketBeat, First Capital Real Estate Investment Trust currently has a consensus rating of Buy and a consensus target price of $21.00.

OTCMKTS:FCXXF opened at $12.58 on Thursday. First Capital Real Estate Investment Trust has a 12 month low of $12.58 and a 12 month high of $15.14. The business’s fifty day moving average price is $14.03 and its 200 day moving average price is $14.25.

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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