Numis Securities Ltd upgraded shares of Capital & Counties Properties PLC (LON:CAPC) to an add rating in a research note published on Monday. Numis Securities Ltd currently has GBX 307 ($3.81) price objective on the stock, up from their prior price objective of GBX 273 ($3.39).

Other analysts have also issued research reports about the stock. Canaccord Genuity lowered their target price on shares of Capital & Counties Properties PLC from GBX 280 ($3.47) to GBX 275 ($3.41) and set a hold rating for the company in a report on Friday, August 26th. Liberum Capital reaffirmed a hold rating and issued a GBX 300 ($3.72) target price on shares of Capital & Counties Properties PLC in a research note on Monday, October 31st. Morgan Stanley reduced their target price on shares of Capital & Counties Properties PLC from GBX 280 ($3.47) to GBX 270 ($3.35) and set an underweight rating for the company in a research note on Wednesday, August 31st. HSBC upped their target price on shares of Capital & Counties Properties PLC from GBX 278 ($3.45) to GBX 287 ($3.56) and gave the stock a hold rating in a research note on Friday, September 30th. Finally, Jefferies Group reaffirmed an underperform rating and issued a GBX 250 ($3.10) target price on shares of Capital & Counties Properties PLC in a research note on Thursday, October 27th. Six analysts have rated the stock with a sell rating, six have assigned a hold rating and four have assigned a buy rating to the company. The company has a consensus rating of Hold and an average price target of GBX 313.88 ($3.89).

Shares of Capital & Counties Properties PLC (LON:CAPC) opened at 282.00 on Monday. Capital & Counties Properties PLC has a one year low of GBX 257.20 and a one year high of GBX 451.80. The stock’s market capitalization is GBX 2.38 billion. The company’s 50 day moving average price is GBX 277.68 and its 200 day moving average price is GBX 296.10.

ILLEGAL ACTIVITY WARNING: “Capital & Counties Properties PLC (CAPC) Upgraded by Numis Securities Ltd to Add” was posted by The Cerbat Gem and is owned by of The Cerbat Gem. If you are reading this report on another publication, it was illegally stolen and reposted in violation of U.S. and international copyright legislation. The correct version of this report can be read at https://www.thecerbatgem.com/2016/11/29/capital-counties-properties-plc-capc-upgraded-by-numis-securities-ltd-to-add.html.

In other news, insider Das,Soumen sold 68,457 shares of the company’s stock in a transaction on Tuesday, September 6th. The shares were sold at an average price of GBX 296 ($3.67), for a total value of £202,632.72 ($251,374.17).

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.

Receive News & Stock Ratings for Capital & Counties Properties PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital & Counties Properties PLC and related stocks with our FREE daily email newsletter.