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First Capital Real Estate Investment Trust - FCR.UN Stock Price Target and Predictions

  • Consensus Rating: Buy
  • Consensus Price Target: C$21.90
  • Forecasted Upside: 16.86%
  • Number of Analysts: 5
  • Breakdown:
  • 0 Sell Ratings
  • 0 Hold Ratings
  • 5 Buy Ratings
  • 0 Strong Buy Ratings
C$18.74 As of 12/4/2025 05:00 PM ET
▼ -0.02 (-0.11%)

This chart shows the closing price for FCR.UN by one month, three months, or twelve months.

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Analyst Price Target for FCR.UN

Analyst Price Target is C$21.90
▲ +16.86% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for First Capital Real Estate Investment Trust in the last 3 months. The average price target is C$21.90, with a high forecast of C$22.00 and a low forecast of C$21.50. The average price target represents a 16.86% upside from the last price of C$18.74.

This chart shows the closing price for FCR.UN for the last year in relation to the current analyst high, average, and low pricetarget.

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Current Consensus is Buy

The current consensus among 5 contributing investment analysts is to buy stock in First Capital Real Estate Investment Trust. This rating has held steady since October 2025, when it changed from a Moderate Buy consensus rating.

Past Monthly Recommendations

Move your mouse over past months for details

Read Past Recommendations DescriptionSkip Past Price Target Consensus Chart
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/12/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/10/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
12/9/2024
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
3/9/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
6/7/2025
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
9/5/2025
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
11/4/2025
  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings
Ratings as of
12/4/2025

Latest Recommendations

  • 0 strong buy ratings
  • 5 buy ratings
  • 0 hold ratings
  • 0 sell ratings

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
10/8/2025National BanksharesBoost TargetOutperformC$21.00 ➝ C$22.00
7/31/2025CIBCBoost TargetOutperformC$21.00 ➝ C$22.00
7/31/2025Royal Bank Of CanadaBoost TargetOutperformC$20.00 ➝ C$22.00
7/31/2025DesjardinsBoost TargetBuyC$20.00 ➝ C$21.50
7/31/2025National BanksharesBoost TargetOutperformC$19.50 ➝ C$21.00
7/31/2025TD SecuritiesBoost TargetBuyC$21.00 ➝ C$22.00
10/30/2024CIBCBoost TargetOutperformC$19.00 ➝ C$21.00
10/30/2024TD SecuritiesBoost TargetBuyC$20.00 ➝ C$21.00
10/30/2024Royal Bank Of CanadaBoost TargetOutperformC$19.00 ➝ C$20.00
10/30/2024ScotiabankBoost TargetSector PerformC$17.50 ➝ C$18.75
10/28/2024BMO Capital MarketsBoost TargetC$18.50 ➝ C$20.00
10/18/2024Raymond James FinancialSet TargetOutperformC$20.50
10/9/2024National BanksharesBoost TargetC$19.00 ➝ C$20.75
9/16/2024Canaccord Genuity GroupBoost TargetBuyC$17.50 ➝ C$20.00
9/4/2024TD SecuritiesBoost TargetBuyC$18.00 ➝ C$20.00
8/2/2024Royal Bank Of CanadaBoost TargetC$18.00 ➝ C$19.00
8/2/2024ScotiabankBoost TargetC$17.25 ➝ C$17.50
8/1/2024CIBCBoost TargetOutperformC$18.00 ➝ C$19.00
8/1/2024DesjardinsBoost TargetBuyC$18.00 ➝ C$19.00
5/2/2024CIBCLower TargetOutperformC$19.00 ➝ C$18.00
5/2/2024Royal Bank Of CanadaLower TargetOutperformC$19.00 ➝ C$18.00
4/24/2024National BanksharesLower TargetOutperformC$17.50 ➝ C$17.25
2/23/2024BMO Capital MarketsBoost TargetC$17.50 ➝ C$18.50
2/12/2024BMO Capital MarketsBoost TargetC$16.00 ➝ C$17.50
2/8/2024TD SecuritiesDowngradeAction List Buy ➝ BuyC$19.00
2/8/2024National BanksharesBoost TargetOutperformC$17.00 ➝ C$17.50
2/8/2024CIBCBoost TargetOutperformC$17.00 ➝ C$19.00
2/8/2024ScotiabankBoost TargetSector PerformC$16.50 ➝ C$17.25
2/8/2024Royal Bank Of CanadaBoost TargetOutperformC$17.00 ➝ C$19.00
1/29/2024National BanksharesBoost TargetOutperformC$15.00 ➝ C$17.00
11/30/2023BMO Capital MarketsSet TargetOutperformC$16.00
11/2/2023Veritas Investment ResearchReiterated RatingBuy
11/2/2023CIBCLower TargetC$19.00 ➝ C$17.00
11/2/2023Royal Bank Of CanadaLower TargetOutperform ➝ OutperformC$19.00 ➝ C$17.00
10/4/2023DesjardinsSet TargetBuyC$18.59
8/3/2023Royal Bank Of CanadaLower TargetOutperformC$20.00 ➝ C$19.00
7/18/2023National BanksharesLower TargetC$18.50 ➝ C$17.50
7/5/2023TD SecuritiesLower TargetC$21.00 ➝ C$19.00
5/4/2023CIBCBoost TargetC$20.00 ➝ C$21.00
5/4/2023Veritas Investment ResearchReiterated RatingReduce
5/4/2023Royal Bank Of CanadaLower TargetOutperformC$21.00 ➝ C$20.00
5/4/2023TD SecuritiesLower TargetAction List BuyC$22.00 ➝ C$21.00
4/18/2023National BanksharesUpgradeSector Perform ➝ OutperformC$18.50
2/9/2023TD SecuritiesBoost TargetAction List BuyC$21.00 ➝ C$22.00
2/9/2023Canaccord Genuity GroupBoost TargetC$19.00 ➝ C$19.50
2/9/2023CIBCBoost TargetC$19.00 ➝ C$20.00
2/9/2023Royal Bank Of CanadaBoost TargetOutperformC$19.50 ➝ C$21.00
1/30/2023National BanksharesBoost TargetSector PerformC$17.00 ➝ C$18.50
11/3/2022CIBCLower TargetOutperformC$19.50 ➝ C$19.00
11/3/2022ScotiabankLower TargetC$19.50 ➝ C$19.00
11/2/2022Canaccord Genuity GroupBoost TargetC$17.50 ➝ C$18.50
10/24/2022National BanksharesLower TargetC$18.00 ➝ C$17.00
10/20/2022TD SecuritiesLower TargetAction List BuyC$20.00 ➝ C$19.50
8/2/2022National BanksharesBoost TargetC$17.00 ➝ C$18.00
6/27/2022CIBCLower TargetC$21.00 ➝ C$19.50
5/5/2022BMO Capital MarketsLower TargetC$21.50 ➝ C$21.00
5/5/2022ScotiabankLower TargetC$20.00 ➝ C$19.50
5/5/2022Royal Bank Of CanadaLower TargetOutperformC$22.00 ➝ C$21.00
4/27/2022National BanksharesLower TargetC$20.50 ➝ C$19.50
2/11/2022National BanksharesBoost TargetC$20.00 ➝ C$20.50
1/5/2022TD SecuritiesBoost TargetC$22.00 ➝ C$23.00
11/4/2021CIBCBoost TargetOutperformC$22.00 ➝ C$23.00
11/4/2021ScotiabankBoost TargetC$19.50 ➝ C$20.00
11/4/2021TD SecuritiesBoost TargetAction List BuyC$21.00 ➝ C$22.00
10/18/2021ScotiabankSet TargetSector PerformC$19.50
10/1/2021TD SecuritiesLower TargetNAC$22.00 ➝ C$21.00
8/9/2021National Bank FinancialBoost TargetSector PerformC$19.50 ➝ C$20.00
8/9/2021National BanksharesBoost TargetSector PerformC$19.50 ➝ C$20.00
8/9/2021BMO Capital MarketsBoost TargetC$20.00 ➝ C$21.00
8/9/2021Royal Bank Of CanadaBoost TargetOutperformC$21.00 ➝ C$22.00
8/6/2021CIBCBoost TargetC$20.00 ➝ C$22.00
7/26/2021BMO Capital MarketsUpgradeMarket Perform ➝ OutperformC$17.00 ➝ C$18.08
7/19/2021National BanksharesBoost TargetC$18.50 ➝ C$19.50
7/19/2021National Bank FinancialBoost TargetNAC$19.50
6/28/2021TD SecuritiesBoost TargetAction List BuyC$21.00 ➝ C$22.00
5/10/2021Royal Bank Of CanadaBoost TargetOutperformC$18.00 ➝ C$21.00
5/6/2021TD SecuritiesBoost TargetAction List BuyC$20.00 ➝ C$21.00
5/6/2021BMO Capital MarketsBoost TargetOutperformC$15.25 ➝ C$17.00
5/6/2021CIBCBoost TargetNeutralC$18.50 ➝ C$20.00
2/12/2021CIBCBoost TargetC$18.00 ➝ C$18.50
2/12/2021National Bank FinancialBoost TargetSector PerformC$15.00 ➝ C$16.50
2/12/2021TD SecuritiesBoost TargetAction List BuyC$18.50 ➝ C$19.00
(Data available from 12/4/2020 forward)

News Sentiment Rating

1.16 (Buy)

Our news sentiment rating is based on the average sentiment of articles about this company published in the media in the last 30 days of headlines and can range from 2 (very positive sentiment) to -2 (very negative sentiment).

News Sentiment Over Time

Move your mouse over past months for details

Skip to Current Sentiment Summary
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/8/2025
  • 4 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/7/2025
  • 4 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
7/7/2025
  • 12 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/6/2025
  • 5 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
9/5/2025
  • 6 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
10/5/2025
  • 5 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
11/4/2025
  • 5 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions
Mentions as of
12/4/2025

Current Sentiment

  • 5 very positive mentions
  • 0 positive mentions
  • 1 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

Positive

  • No positive mentions tracked during this time.

Very Positive

First Capital Real Estate Investment Trust logo
First Capital REIT is a developer, owner and operator of mixed-use urban real estate in Canada's populated centres. The company's focus is on creating thriving neighbourhoods that create value for businesses, residents, communities and investors.
Read More

Today's Range

Now: C$18.74
Low: C$18.72
High: C$19.05

50 Day Range

MA: C$19.29
Low: C$18.52
High: C$19.86

52 Week Range

Now: C$18.74
Low: C$15.17
High: C$19.90

Volume

211,444 shs

Average Volume

349,890 shs

Market Capitalization

C$3.98 billion

P/E Ratio

16.22

Dividend Yield

4.53%

Beta

0.954969

Frequently Asked Questions

What sell-side analysts currently cover shares of First Capital Real Estate Investment Trust?

The following sell-side analysts have issued research reports on First Capital Real Estate Investment Trust in the last twelve months: CIBC, Desjardins, National Bankshares, Inc., Royal Bank Of Canada, and TD Securities.
View the latest analyst ratings for FCR.UN.

What is the current price target for First Capital Real Estate Investment Trust?

0 Wall Street analysts have set twelve-month price targets for First Capital Real Estate Investment Trust in the last year. Their average twelve-month price target is C$21.90, suggesting a possible upside of 16.9%. Royal Bank Of Canada has the highest price target set, predicting FCR.UN will reach C$22.00 in the next twelve months. Desjardins has the lowest price target set, forecasting a price of C$21.50 for First Capital Real Estate Investment Trust in the next year.
View the latest price targets for FCR.UN.

What is the current consensus analyst rating for First Capital Real Estate Investment Trust?

First Capital Real Estate Investment Trust currently has 5 buy ratings from Wall Street analysts. The stock has a consensus analyst rating of "Buy." A "buy" rating indicates that analysts believe FCR.UN will outperform the market and that investors should add to their positions of First Capital Real Estate Investment Trust.
View the latest ratings for FCR.UN.

What other companies compete with First Capital Real Estate Investment Trust?

Other companies that are similar to First Capital Real Estate Investment Trust include Choice Properties Real Est Invstmnt Trst, RioCan Real Estate Investment Trust, SmartCentres Real Estate Investment Trst, CT Real Estate Investment Trust and Slate Grocery REIT. Learn More about companies similar to First Capital Real Estate Investment Trust.

How do I contact First Capital Real Estate Investment Trust's investor relations team?

First Capital Real Estate Investment Trust's physical mailing address is 85 Hanna Ave Suite 400, TORONTO, ON M6K 3S3, Canada. The company's listed phone number is +1-416-5044114. The official website for First Capital Real Estate Investment Trust is fcr.ca. Learn More about contacing First Capital Real Estate Investment Trust investor relations.