Capital & Counties Properties PLC (LON:CAPC) has earned an average rating of “Hold” from the sixteen ratings firms that are presently covering the firm. Six equities research analysts have rated the stock with a sell rating, five have assigned a hold rating and five have given a buy rating to the company. The average 12-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 299.50 ($3.74).

A number of equities analysts have recently issued reports on CAPC shares. Canaccord Genuity dropped their target price on Capital & Counties Properties PLC from GBX 280 ($3.50) to GBX 275 ($3.44) and set a “hold” rating for the company in a report on Friday, August 26th. Credit Suisse Group AG reaffirmed an “underperform” rating and set a GBX 200 ($2.50) price target on shares of Capital & Counties Properties PLC in a report on Friday, October 7th. Deutsche Bank AG reaffirmed a “hold” rating and set a GBX 250 ($3.12) price target on shares of Capital & Counties Properties PLC in a report on Tuesday, October 4th. HSBC raised their price target on Capital & Counties Properties PLC from GBX 278 ($3.47) to GBX 287 ($3.59) and gave the company a “hold” rating in a report on Friday, September 30th. Finally, Jefferies Group reaffirmed an “underperform” rating and set a GBX 250 ($3.12) price target on shares of Capital & Counties Properties PLC in a report on Friday, August 19th.

In related news, insider Das,Soumen sold 68,457 shares of Capital & Counties Properties PLC stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of GBX 296 ($3.70), for a total value of £202,632.72 ($253,164.32).

Shares of Capital & Counties Properties PLC (LON:CAPC) opened at 266.70 on Friday. The stock’s 50 day moving average price is GBX 280.09 and its 200-day moving average price is GBX 299.28. Capital & Counties Properties PLC has a 12 month low of GBX 257.20 and a 12 month high of GBX 451.80. The firm’s market capitalization is GBX 2.25 billion.

About Capital & Counties Properties PLC

Capital & Counties Properties PLC is a United Kingdom-based property company. The Company’s principal activity is the development and management of property. The Company’s segments include Covent Garden, Earls Court Properties, Venues and Other. It is organized into four divisions: Covent Garden; Earls Court Properties, which represents its interests in the Earls Court area, comprising properties held in Earls Court Partnership Limited (ECPL), Lillie Square, the Empress State Building and a range of smaller properties in the Earls Court area; Venues, which comprises the exhibitions business, including the Olympia London property assets and Maclise Road1, and Other, which comprises the discontinued activity of The Great Capital Partnership, the Company’s residual China investments, other head office companies and investments.

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