National Bank Financial Raises First Capital Realty Inc (FCR) Price Target to C$23.50

First Capital Realty Inc (TSE:FCR) had its price objective increased by analysts at National Bank Financial from C$23.00 to C$23.50 in a report issued on Friday, StockTargetPrices.com reports. The brokerage presently has an “outperform” rating on the stock. National Bank Financial’s target price would suggest a potential upside of 18.57% from the stock’s current price.

Separately, Scotiabank set a C$22.00 price target on First Capital Realty and gave the company a “sector perform” rating in a research note on Tuesday, May 16th.

First Capital Realty (TSE FCR) traded down 0.61% during mid-day trading on Friday, reaching $19.70. The company had a trading volume of 91,880 shares. The firm’s 50-day moving average is $20.06 and its 200-day moving average is $20.27. The firm has a market capitalization of $4.80 billion and a P/E ratio of 7.89. First Capital Realty has a one year low of $19.19 and a one year high of $22.93.

COPYRIGHT VIOLATION WARNING: “[[title]]” was reported by [[site]] and is the property of of [[site]]. If you are accessing this article on another publication, it was copied illegally and republished in violation of US and international copyright and trademark legislation. The legal version of this article can be viewed at [[permalink]].

In other First Capital Realty news, Director Gregory Menzies sold 7,287 shares of the business’s stock in a transaction that occurred on Wednesday, June 7th. The stock was sold at an average price of C$20.54, for a total value of C$149,674.98.

First Capital Realty Company Profile

First Capital Realty Inc acquires, develops, redevelops, owns, and manages urban retail-centered real estate properties. The company’s property portfolio comprises grocery stores, pharmacies, liquor stores, banks, restaurants, cafes, fitness centres, medical, childcare facilities, and other professional and personal services.