Capital & Counties Properties PLC (CAPC) Stock Rating Reaffirmed by Peel Hunt
Capital & Counties Properties PLC (LON:CAPC)‘s stock had its “sell” rating reaffirmed by research analysts at Peel Hunt in a research report issued to clients and investors on Monday. They currently have a GBX 225 ($2.81) price objective on the stock. Peel Hunt’s price target would indicate a potential downside of 14.87% from the stock’s current price.
CAPC has been the topic of a number of other research reports. Deutsche Bank AG reaffirmed a “hold” rating and issued a GBX 250 ($3.12) price target on shares of Capital & Counties Properties PLC in a research note on Tuesday, October 4th. Credit Suisse Group AG upgraded shares of Capital & Counties Properties PLC to an “outperform” rating and lifted their price objective for the company from GBX 200 ($2.50) to GBX 290 ($3.62) in a report on Thursday, October 13th. Numis Securities Ltd lowered their price objective on shares of Capital & Counties Properties PLC from GBX 321 ($4.01) to GBX 273 ($3.41) and set a “hold” rating on the stock in a report on Monday, August 22nd. Jefferies Group reiterated an “underperform” rating and issued a GBX 250 ($3.12) price objective on shares of Capital & Counties Properties PLC in a report on Friday, August 19th. Finally, Liberum Capital reiterated a “hold” rating and issued a GBX 300 ($3.75) price objective on shares of Capital & Counties Properties PLC in a report on Monday, October 31st. Six research analysts have rated the stock with a sell rating, six have given a hold rating and four have assigned a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 313.88 ($3.92).
Shares of Capital & Counties Properties PLC (LON:CAPC) opened at 274.70 on Monday. The company’s market capitalization is GBX 2.32 billion. The firm has a 50-day moving average of GBX 277.13 and a 200-day moving average of GBX 296.99. Capital & Counties Properties PLC has a one year low of GBX 257.20 and a one year high of GBX 451.80.
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In other Capital & Counties Properties PLC news, insider Das,Soumen sold 68,457 shares of the business’s stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of GBX 296 ($3.70), for a total transaction of £202,632.72 ($253,164.32).
Capital & Counties Properties PLC Company Profile
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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