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

  • Consensus Rating: Hold
  • Consensus Price Target: C$23.90
  • Forecasted Upside: 4.23%
  • Number of Analysts: 6
  • Breakdown:
  • 0 Sell Ratings
  • 5 Hold Ratings
  • 1 Buy Ratings
  • 0 Strong Buy Ratings
C$22.93 As of 07/31/2026 05:00 PM ET
▲ +0.04 (0.17%)

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$23.90
▲ +4.23% Upside Potential
This price target is based on 6 analysts offering 12 month price targets for First Capital Real Estate Investment Trust in the last 3 months. The average price target is C$23.90, with a high forecast of C$24.40 and a low forecast of C$22.50. The average price target represents a 4.23% upside from the last price of C$22.93.

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 Hold

The current consensus among 6 polled investment analysts is to hold stock in First Capital Real Estate Investment Trust. This rating has held steady since May 2026, 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
2/7/2025
  • 0 strong buy ratings
  • 6 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
5/8/2025
  • 0 strong buy ratings
  • 7 buy ratings
  • 1 hold ratings
  • 0 sell ratings
Ratings as of
8/6/2025
  • 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
2/2/2026
  • 0 strong buy ratings
  • 4 buy ratings
  • 3 hold ratings
  • 0 sell ratings
Ratings as of
5/3/2026
  • 0 strong buy ratings
  • 3 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
7/2/2026
  • 0 strong buy ratings
  • 1 buy ratings
  • 5 hold ratings
  • 0 sell ratings
Ratings as of
8/1/2026

Latest Recommendations

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

Display Ratings By
DateBrokerageActionRatingPrice TargetDetails
5/27/2026Royal Bank Of CanadaDowngradeOutperform ➝ Sector PerformC$23.00 ➝ C$24.40
5/7/2026BMO Capital MarketsDowngradeOutperform ➝ Market PerformC$22.00 ➝ C$24.20
4/17/2026Canadian Imperial Bank of CommerceDowngradeOutperformer ➝ NeutralC$22.50 ➝ C$24.40
4/17/2026Canaccord Genuity GroupDowngradeBuy ➝ HoldC$23.50 ➝ C$24.40
2/18/2026Raymond James FinancialDowngradeOutperform ➝ Market PerformC$21.75 ➝ C$22.50
2/13/2026National Bank FinancialBoost TargetOutperformC$23.00 ➝ C$23.50
2/13/2026Royal Bank Of CanadaBoost TargetOutperformC$22.00 ➝ C$23.00
10/8/2025National Bank FinancialBoost TargetOutperformC$21.00 ➝ C$22.00
7/31/2025Canadian Imperial Bank of CommerceBoost 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 Bank FinancialBoost TargetOutperformC$19.50 ➝ C$21.00
7/31/2025TD SecuritiesBoost TargetBuyC$21.00 ➝ C$22.00
10/30/2024Canadian Imperial Bank of CommerceBoost 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 Bank FinancialBoost 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
8/1/2024Canadian Imperial Bank of CommerceBoost TargetOutperformC$18.00 ➝ C$19.00
8/1/2024DesjardinsBoost TargetBuyC$18.00 ➝ C$19.00
5/2/2024Canadian Imperial Bank of CommerceLower TargetOutperformC$19.00 ➝ C$18.00
5/2/2024Royal Bank Of CanadaLower TargetOutperformC$19.00 ➝ C$18.00
4/24/2024National Bank FinancialLower 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 Bank FinancialBoost TargetOutperformC$17.00 ➝ C$17.50
2/8/2024Canadian Imperial Bank of CommerceBoost 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 Bank FinancialBoost TargetOutperformC$15.00 ➝ C$17.00
11/30/2023BMO Capital MarketsSet TargetOutperformC$16.00
11/2/2023Veritas Investment ResearchReiterated RatingBuy
11/2/2023Canadian Imperial Bank of CommerceLower 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 Bank FinancialLower TargetC$18.50 ➝ C$17.50
7/5/2023TD SecuritiesLower TargetC$21.00 ➝ C$19.00
5/4/2023Canadian Imperial Bank of CommerceBoost 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 Bank FinancialUpgradeSector 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
2/9/2023Canadian Imperial Bank of CommerceBoost TargetC$19.00 ➝ C$20.00
2/9/2023Royal Bank Of CanadaBoost TargetOutperformC$19.50 ➝ C$21.00
1/30/2023National Bank FinancialBoost TargetSector PerformC$17.00 ➝ C$18.50
11/3/2022Canadian Imperial Bank of CommerceLower 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 Bank FinancialLower TargetC$18.00 ➝ C$17.00
10/20/2022TD SecuritiesLower TargetAction List BuyC$20.00 ➝ C$19.50
8/2/2022National Bank FinancialBoost TargetC$17.00 ➝ C$18.00
6/27/2022Canadian Imperial Bank of CommerceLower 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 Bank FinancialLower TargetC$20.50 ➝ C$19.50
2/11/2022National Bank FinancialBoost TargetC$20.00 ➝ C$20.50
1/5/2022TD SecuritiesBoost TargetC$22.00 ➝ C$23.00
11/4/2021Canadian Imperial Bank of CommerceBoost 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
8/9/2021BMO Capital MarketsBoost TargetC$20.00 ➝ C$21.00
8/9/2021Royal Bank Of CanadaBoost TargetOutperformC$21.00 ➝ C$22.00
8/6/2021Canadian Imperial Bank of CommerceBoost TargetC$20.00 ➝ C$22.00
(Data available from 8/1/2021 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
1/3/2026
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
2/2/2026
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
3/4/2026
  • 0 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
4/3/2026
  • 0 very positive mentions
  • 3 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
5/3/2026
  • 1 very positive mentions
  • 1 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
6/2/2026
  • 0 very positive mentions
  • 0 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
7/2/2026
  • 6 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions
Mentions as of
8/1/2026

Current Sentiment

  • 6 very positive mentions
  • 2 positive mentions
  • 0 negative mentions
  • 0 very negative mentions

Recent Stories by Sentiment

Very Negative

  • No very negative mentions tracked during this time.

Negative

  • No negative mentions tracked during this time.

Positive

Very Positive

First Capital Real Estate Investment Trust logo
First Capital owns and operates, acquires, and develops open-air grocery-anchored shopping centres in neighbourhoods with the strongest demographics in Canada.
Read More

Today's Range

Now: C$22.93
Low: C$22.77
High: C$22.95

50 Day Range

MA: C$23.17
Low: C$22.81
High: C$23.57

52 Week Range

Now: C$22.93
Low: C$18.26
High: C$23.84

Volume

444,483 shs

Average Volume

634,616 shs

Market Capitalization

C$4.87 billion

P/E Ratio

4.72

Dividend Yield

3.95%

Beta

1.009825

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: BMO Capital Markets, Canaccord Genuity Group Inc., Canadian Imperial Bank of Commerce, National Bank Financial, Raymond James Financial, Inc., and Royal Bank Of Canada.
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$23.90, suggesting a possible upside of 4.2%. Royal Bank Of Canada has the highest price target set, predicting FCR.UN will reach C$24.40 in the next twelve months. Raymond James Financial, Inc. has the lowest price target set, forecasting a price of C$22.50 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 hold ratings and 1 buy rating from Wall Street analysts. The stock has a consensus analyst rating of "Hold." A "hold" rating indicates that analysts believe investors should keep any existing positions they have in FCR.UN, but not buy more shares or sell existing shares.
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.