Peel Hunt Lowers Capital & Regional (CAL) to Reduce

Peel Hunt cut shares of Capital & Regional (LON:CAL) to a reduce rating in a research report released on Wednesday morning.

CAL has been the subject of a number of other research reports. Numis Securities restated a buy rating on shares of Capital & Regional in a research note on Tuesday, July 17th. JPMorgan Chase & Co. dropped their price target on shares of Capital & Regional from GBX 75 ($0.98) to GBX 57 ($0.74) and set an overweight rating for the company in a research note on Thursday, September 6th. Finally, Berenberg Bank started coverage on shares of Capital & Regional in a research note on Wednesday, August 29th. They issued a buy rating and a GBX 60 ($0.78) price target for the company.

CAL opened at GBX 40.15 ($0.52) on Wednesday. Capital & Regional has a 52-week low of GBX 50 ($0.65) and a 52-week high of GBX 62.77 ($0.82).

The firm also recently announced a dividend, which was paid on Thursday, October 25th. Shareholders of record on Thursday, October 4th were paid a dividend of GBX 1.82 ($0.02) per share. The ex-dividend date of this dividend was Thursday, October 4th. This represents a yield of 4.01%.

In other Capital & Regional news, insider Hugh Scott-Barrett bought 225,324 shares of the stock in a transaction on Wednesday, August 15th. The stock was purchased at an average price of GBX 47 ($0.61) per share, for a total transaction of £105,902.28 ($138,380.09).

Capital & Regional Company Profile

Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of their local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c.

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