Capital & Counties Properties PLC (LON:CAPC) Receives GBX 261 Consensus PT from Brokerages

Capital & Counties Properties PLC (LON:CAPC) has earned an average recommendation of “Hold” from the eight ratings firms that are covering the stock, Marketbeat Ratings reports. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the company. The average 1-year price target among brokers that have updated their coverage on the stock in the last year is GBX 261 ($3.41).

CAPC has been the subject of several analyst reports. Peel Hunt reiterated an “add” rating on shares of Capital & Counties Properties PLC in a research note on Monday, July 22nd. Liberum Capital reiterated a “hold” rating on shares of Capital & Counties Properties PLC in a research note on Friday, May 31st. Deutsche Bank decreased their price objective on shares of Capital & Counties Properties PLC from GBX 260 ($3.40) to GBX 240 ($3.14) and set a “hold” rating for the company in a research note on Friday, July 26th. Finally, Numis Securities reiterated a “hold” rating and issued a GBX 243 ($3.18) price objective on shares of Capital & Counties Properties PLC in a research note on Friday, May 31st.

LON CAPC traded down GBX 2.75 ($0.04) during trading hours on Tuesday, hitting GBX 193.20 ($2.52). The company’s stock had a trading volume of 4,375,473 shares, compared to its average volume of 2,780,000. Capital & Counties Properties PLC has a 52 week low of GBX 208 ($2.72) and a 52 week high of GBX 280.60 ($3.67). The stock has a market capitalization of $1.64 billion and a P/E ratio of -9.81. The company has a debt-to-equity ratio of 22.90, a current ratio of 1.86 and a quick ratio of 1.58. The company’s 50-day moving average price is GBX 216.60.

The company also recently disclosed a dividend, which will be paid on Friday, September 20th. Shareholders of record on Thursday, August 29th will be paid a GBX 0.50 ($0.01) dividend. The ex-dividend date is Thursday, August 29th. This represents a yield of 0.23%. Capital & Counties Properties PLC’s dividend payout ratio (DPR) is -0.05%.

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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