Capital & Counties Properties PLC (LON:CAPC) Receives “Add” Rating from Peel Hunt

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Peel Hunt reiterated their add rating on shares of Capital & Counties Properties PLC (LON:CAPC) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

A number of other research firms have also recently commented on CAPC. Liberum Capital reaffirmed a hold rating on shares of Capital & Counties Properties PLC in a research note on Tuesday, March 12th. Numis Securities reaffirmed a hold rating and set a GBX 243 ($3.18) target price on shares of Capital & Counties Properties PLC in a research note on Tuesday, March 5th. Deutsche Bank cut their target price on Capital & Counties Properties PLC from GBX 280 ($3.66) to GBX 260 ($3.40) and set a hold rating on the stock in a research note on Tuesday, March 19th. Morgan Stanley cut their target price on Capital & Counties Properties PLC from GBX 230 ($3.01) to GBX 220 ($2.87) and set an underweight rating on the stock in a research note on Thursday, March 14th. Finally, Barclays cut their target price on Capital & Counties Properties PLC from GBX 250 ($3.27) to GBX 240 ($3.14) and set an underweight rating on the stock in a research note on Friday, February 15th. Three research analysts have rated the stock with a sell rating, four have issued a hold rating and one has assigned a buy rating to the company’s stock. Capital & Counties Properties PLC presently has an average rating of Hold and a consensus target price of GBX 263.71 ($3.45).

CAPC opened at GBX 213.80 ($2.79) on Tuesday. The company has a market cap of $1.82 billion and a PE ratio of -31.91. Capital & Counties Properties PLC has a one year low of GBX 208.80 ($2.73) and a one year high of GBX 305 ($3.99). The company has a current ratio of 1.24, a quick ratio of 0.87 and a debt-to-equity ratio of 20.69.

In other news, insider Jonathan S. Lane purchased 8,650 shares of the stock in a transaction that occurred on Wednesday, April 17th. The stock was purchased at an average price of GBX 241 ($3.15) per share, for a total transaction of £20,846.50 ($27,239.64).

Capital & Counties Properties PLC Company Profile

Capital & Counties Properties PLC, a property company, invests in, develops, and manages real estate properties in the United Kingdom. Its principal properties include Covent Garden, a retail and dining destination in London; and Earls Court, a mixed-use development estate in London. The company was founded in 2010 and is headquartered in London, the United Kingdom.

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Analyst Recommendations for Capital & Counties Properties PLC (LON:CAPC)

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