The stock of First Capital Realty Inc (TSE:FCR) is a huge mover today! About 35,598 shares traded hands. First Capital Realty Inc (TSE:FCR) has declined 1.53% since April 14, 2016 and is downtrending. It has underperformed by 5.96% the S&P500.
The move comes after 8 months positive chart setup for the $5.01 billion company. It was reported on Nov, 18 by Barchart.com. We have $27.72 PT which if reached, will make TSE:FCR worth $1.90B more.
First Capital Realty Inc (TSE:FCR) Ratings Coverage
Out of 6 analysts covering First Capital Realty Inc. (TSE:FCR), 5 rate it a “Buy”, 0 “Sell”, while 1 “Hold”. This means 83% are positive. $25 is the highest target while $20 is the lowest. The $22.66 average target is 12.79% above today’s ($20.09) stock price. First Capital Realty Inc. has been the topic of 22 analyst reports since August 4, 2015 according to StockzIntelligence Inc. As per Tuesday, August 4, the company rating was upgraded by Canaccord Genuity. The rating was initiated by Raymond James with “Outperform” on Wednesday, October 14. The stock of First Capital Realty Inc (TSE:FCR) has “Outperform” rating given on Thursday, August 18 by National Bank Canada. The company was reinitiated on Friday, October 2 by TD Securities. TD Securities maintained First Capital Realty Inc (TSE:FCR) rating on Friday, November 11. TD Securities has “Buy” rating and $25 price target.
Another recent and important First Capital Realty Inc (TSE:FCR) news was published by Reuters.com which published an article titled: “BRIEF-First Capital Realty announces additional C$150 mln offering” on September 22, 2016.
First Capital Realty Inc. is a Canada company, which is engages in the business of acquiring, developing, redeveloping, owning and managing urban retail-centered properties. The company has a market cap of $5.01 billion. The Firm owns, develops and manages of grocery anchored, urban properties where people live and shop. It has a 13.32 P/E ratio. The Firm has three operating divisions: Eastern, which includes activities primarily in Quebec and Ottawa; Central, which includes the Company’s Ontario activities excluding Ottawa; and Western, which includes activities in Alberta and British Columbia.