J P Morgan Chase & Co reissued their overweight rating on shares of Capital & Counties Properties PLC (LON:CAPC) in a research note issued to investors on Wednesday, StockTargetPrices.com reports. The brokerage currently has a GBX 75 ($0.97) price target on the stock.
Several other analysts also recently commented on the company. Jefferies Group LLC reaffirmed an underperform rating and set a GBX 190 ($2.47) price objective on shares of Capital & Counties Properties PLC in a research note on Wednesday, April 26th. Peel Hunt reaffirmed a sell rating and set a GBX 225 ($2.92) price objective on shares of Capital & Counties Properties PLC in a research note on Friday, July 21st. HSBC Holdings plc downgraded Capital & Counties Properties PLC to a hold rating and dropped their price objective for the stock from GBX 66 ($0.86) to GBX 62 ($0.80) in a research note on Thursday, June 29th. Numis Securities Ltd reaffirmed a buy rating and set a GBX 75 ($0.97) price objective on shares of Capital & Counties Properties PLC in a research note on Thursday, July 13th. Finally, Liberum Capital reaffirmed a hold rating and set a GBX 300 ($3.89) price objective on shares of Capital & Counties Properties PLC in a research note on Tuesday, July 4th. Three equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and four have given a buy rating to the company. Capital & Counties Properties PLC currently has an average rating of Hold and a consensus price target of GBX 225.71 ($2.93).
Shares of Capital & Counties Properties PLC (LON CAPC) opened at 265.30 on Wednesday. Capital & Counties Properties PLC has a 1-year low of GBX 261.97 and a 1-year high of GBX 326.10. The company’s 50 day moving average price is GBX 288.22 and its 200-day moving average price is GBX 298.06. The firm’s market cap is GBX 2.25 billion.
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The company also recently announced a dividend, which will be paid on Friday, September 29th. Shareholders of record on Thursday, September 7th will be issued a dividend of GBX 0.50 ($0.01) per share. This represents a yield of 0.17%. The ex-dividend date is Thursday, September 7th.
In other news, insider Gerry Murphy bought 20,000 shares of the stock in a transaction on Friday, July 21st. The stock was purchased at an average price of GBX 307 ($3.99) per share, for a total transaction of £61,400 ($79,709.20). Also, insider Situl Jobanputra bought 37,500 shares of the stock in a transaction on Tuesday, July 25th. The shares were purchased at an average price of GBX 296 ($3.84) per share, with a total value of £111,000 ($144,099.70).
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 and Other. The Earls Court Properties division represents the Company’s interests in the Earls Court area, comprising properties held in ECPL, Lillie Square, the Empress State Building and a number of smaller properties in the Earls Court area.
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