Industrial Alliance Securities initiated coverage on shares of First Capital Real Estate Investment Trust (OTCMKTS:FCXXF – Get Rating) in a research note published on Monday, The Fly reports. The brokerage issued a buy rating and a C$19.00 price objective on the stock.
Separately, National Bank Financial lifted their price target on shares of First Capital Real Estate Investment Trust from C$17.00 to C$18.00 in a research note on Tuesday, August 2nd. One investment analyst has rated the stock with a hold rating and four have assigned a buy rating to the company. According to MarketBeat, First Capital Real Estate Investment Trust presently has a consensus rating of Moderate Buy and an average price target of $20.50.
First Capital Real Estate Investment Trust Price Performance
Shares of OTCMKTS FCXXF opened at $11.91 on Monday. First Capital Real Estate Investment Trust has a 1 year low of $11.23 and a 1 year high of $15.14. The firm has a 50-day simple moving average of $11.83 and a two-hundred day simple moving average of $12.57.
About First Capital Real Estate Investment Trust
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 neighbourhoods to generate value for businesses, residents, communities and our investors.
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