Capital & Counties Properties PLC (LON:CAPC) Given Buy Rating at Peel Hunt

Peel Hunt reiterated their buy rating on shares of Capital & Counties Properties PLC (LON:CAPC) in a report issued on Tuesday, ThisIsMoney.Co.Uk reports.

Other analysts have also issued research reports about the stock. Citigroup lowered shares of Capital & Counties Properties PLC to a neutral rating and cut their price objective for the stock from GBX 279 ($3.67) to GBX 270 ($3.55) in a research note on Friday, November 29th. Liberum Capital cut their price objective on shares of Capital & Counties Properties PLC from GBX 300 ($3.95) to GBX 280 ($3.68) and set a hold rating on the stock in a research note on Monday, January 27th. Jefferies Financial Group increased their price objective on shares of Capital & Counties Properties PLC from GBX 175 ($2.30) to GBX 225 ($2.96) and gave the stock an underperform rating in a research note on Friday, January 17th. Peel Hunt reiterated a buy rating and issued a GBX 310 ($4.08) price objective on shares of Capital & Counties Properties PLC in a research note on Wednesday, January 8th. Finally, HSBC lowered shares of Capital & Counties Properties PLC to a hold rating and cut their price objective for the stock from GBX 301 ($3.96) to GBX 265 ($3.49) in a research note on Wednesday, November 27th. Four analysts have rated the stock with a sell rating, five have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has a consensus rating of Hold and an average price target of GBX 251.18 ($3.30).

Shares of Capital & Counties Properties PLC stock opened at GBX 248.30 ($3.27) on Tuesday. The company has a current ratio of 1.86, a quick ratio of 1.58 and a debt-to-equity ratio of 22.90. Capital & Counties Properties PLC has a 12-month low of GBX 181.40 ($2.39) and a 12-month high of GBX 275 ($3.62). The firm has a market capitalization of $2.12 billion and a price-to-earnings ratio of -12.60. The firm’s 50 day simple moving average is GBX 254.36 and its two-hundred day simple moving average is GBX 237.97.

In other news, insider Ian Hawksworth sold 215,673 shares of the stock in a transaction on Thursday, November 21st. The shares were sold at an average price of GBX 252 ($3.31), for a total value of £543,495.96 ($714,938.12).

About Capital & Counties Properties PLC

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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