Raymond James Reaffirms Their Buy Rating on First Capital Realty (FCR)

By Ryan Adsit

Today, an analyst has provided a rating update for the Financial sector company, First Capital Realty (FCRResearch Report). Analyst Ken Avalos from Raymond James remains bullish on the stock and has a C$23 price target.

Avalos has an average return of 7.4% when recommending First Capital Realty.

According to TipRanks.com, Avalos is ranked #255 out of 5182 analysts.

Currently, the analyst consensus on First Capital Realty is a Strong Buy with an average price target of C$23.20.

First Capital Realty’s market cap is currently C$5.46B and has a P/E ratio of 15.6. The company has a Price to Book ratio of 1.10.

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 on Monday at C$21.25.