Capital & Regional’s (LON:CAL) Buy Rating Reaffirmed at Numis Securities

Capital & Regional (LON:CAL)‘s stock had its “buy” rating restated by Numis Securities in a research note issued to investors on Wednesday, December 20th. They currently have a GBX 75 ($1.02) price objective on the real estate investment trust’s stock. Numis Securities’ price target would indicate a potential upside of 30.21% from the company’s current price.

Separately, JPMorgan Chase & Co. reaffirmed an “overweight” rating and issued a GBX 75 ($1.02) target price on shares of Capital & Regional in a report on Wednesday, December 6th.

Capital & Regional (LON CAL) traded down GBX 0.40 ($0.01) during trading on Wednesday, reaching GBX 57.60 ($0.78). 1,000,000 shares of the company traded hands, compared to its average volume of 576,580. Capital & Regional has a 52-week low of GBX 50 ($0.68) and a 52-week high of GBX 62.77 ($0.85).

In related news, insider Lawrence Hutchings acquired 38,710 shares of the company’s stock in a transaction dated Friday, November 10th. The stock was bought at an average price of GBX 51 ($0.69) per share, with a total value of £19,742.10 ($26,772.58).

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About Capital & Regional

Capital & Regional plc is a specialist real estate investment trust with a portfolio of in-town community shopping centers. The Company’s segments are Wholly-owned assets, Other UK Shopping Centres, Snozone and Group/Central. The Wholly-owned assets and Other UK Shopping Centres segments engage in the rental of investment properties.

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