Numis Securities Reiterates “Buy” Rating for Capital & Counties Properties PLC (CAPC)

Capital & Counties Properties PLC (LON:CAPC)‘s stock had its “buy” rating reaffirmed by Numis Securities in a research report issued on Tuesday. They presently have a GBX 75 ($1.01) target price on the stock. Numis Securities’ target price would suggest a potential downside of 71.77% from the stock’s current price.

Several other analysts have also recently commented on CAPC. Peel Hunt raised Capital & Counties Properties PLC to a “reduce” rating and raised their target price for the stock from GBX 225 ($3.03) to GBX 250 ($3.36) in a research report on Tuesday. J P Morgan Chase & Co reaffirmed an “overweight” rating and issued a GBX 75 ($1.01) target price on shares of Capital & Counties Properties PLC in a research report on Wednesday, August 23rd. Liberum Capital reaffirmed a “hold” rating and issued a GBX 300 ($4.04) target price on shares of Capital & Counties Properties PLC in a research report on Monday, November 20th. Citigroup reaffirmed a “buy” rating on shares of Capital & Counties Properties PLC in a research report on Thursday, November 9th. Finally, Deutsche Bank reaffirmed a “hold” rating and issued a GBX 250 ($3.36) target price on shares of Capital & Counties Properties PLC in a research report on Thursday, October 26th. Four investment analysts have rated the stock with a sell rating, five have assigned a hold rating and two have issued a buy rating to the stock. Capital & Counties Properties PLC presently has a consensus rating of “Hold” and an average target price of GBX 243.09 ($3.27).

Shares of Capital & Counties Properties PLC (LON CAPC) opened at GBX 265.70 ($3.58) on Tuesday. Capital & Counties Properties PLC has a 12-month low of GBX 251.90 ($3.39) and a 12-month high of GBX 326.10 ($4.39).

In related news, insider Charlotte Boyle bought 10,000 shares of the business’s stock in a transaction on Friday, November 10th. The shares were bought at an average cost of GBX 257 ($3.46) per share, for a total transaction of £25,700 ($34,589.50).

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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.

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

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