First Capital Realty (FCR) Receives a Hold from Raymond James


Today, an analyst has provided a rating update for the Financial sector company, First Capital Realty (FCR). The Financial company, First Capital Realty (TSX: FCR) has just received a rating update from a Wall Street analyst.

According to TipRanks.com, Rodrigues is a 4-star analyst with an average return of 9.9% and a 83.1% success rate. Rodrigues covers the Financial sector, focusing on stocks such as Choice Properties Real Estate Investment Trust, RioCan Real Estate Investment Trust, and Artis Real Estate Investment Trust.

The word on The Street in general, suggests a Moderate Buy analyst consensus rating for First Capital Realty with a C$23.67 average price target.

Based on First Capital Realty’s latest earnings release for the quarter ending June 30, the company reported a quarterly net profit of C$81.24 million. In comparison, last year the company had a net profit of C$131 million.

First Capital Realty, Inc. owns, develops and manages grocery anchored, retail focused urban properties where people live and shop for everyday life. Its properties include groceries, prescription drugs, personal care items, household supplies, banking and other personal services.

The company’s shares closed last Thursday at C$22.03.

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