Brokerages Set Capital & Counties Properties PLC (CAPC) Price Target at $274.43

Capital & Counties Properties PLC (LON:CAPC) has been assigned a consensus recommendation of “Hold” from the nine research firms that are presently covering the firm, MarketBeat.com reports. Three analysts have rated the stock with a sell recommendation, five have assigned a hold recommendation and one has given a buy recommendation to the company. The average twelve-month price objective among analysts that have issued ratings on the stock in the last year is GBX 274.43 ($3.59).

CAPC has been the topic of a number of recent analyst reports. JPMorgan Chase & Co. decreased their target price on shares of Capital & Counties Properties PLC from GBX 270 ($3.53) to GBX 245 ($3.20) and set an “underweight” rating on the stock in a research report on Monday, January 21st. Liberum Capital reaffirmed a “hold” rating on shares of Capital & Counties Properties PLC in a research report on Friday, February 8th. Barclays decreased their target price on shares of Capital & Counties Properties PLC from GBX 250 ($3.27) to GBX 240 ($3.14) and set an “underweight” rating on the stock in a research report on Friday, February 15th. Peel Hunt raised shares of Capital & Counties Properties PLC to an “add” rating and decreased their target price for the company from GBX 300 ($3.92) to GBX 260 ($3.40) in a research report on Tuesday, February 19th. Finally, Numis Securities reaffirmed a “hold” rating and issued a GBX 243 ($3.18) target price on shares of Capital & Counties Properties PLC in a research report on Tuesday, March 5th.

Shares of CAPC stock traded up GBX 0.20 ($0.00) on Thursday, hitting GBX 228 ($2.98). 1,284,753 shares of the stock traded hands, compared to its average volume of 2,780,000. The company has a current ratio of 1.24, a quick ratio of 0.87 and a debt-to-equity ratio of 20.69. The stock has a market cap of $1.94 billion and a price-to-earnings ratio of -34.03. Capital & Counties Properties PLC has a twelve month low of GBX 225.20 ($2.94) and a twelve month high of GBX 310 ($4.05).

Capital & Counties Properties PLC (LON:CAPC) last announced its quarterly earnings results on Wednesday, February 27th. The company reported GBX 0.90 ($0.01) earnings per share for the quarter, missing the consensus estimate of GBX 1 ($0.01) by GBX (0.10) ($0.00). As a group, equities research analysts predict that Capital & Counties Properties PLC will post 171.000004586756 EPS for the current year.

The company also recently announced a dividend, which was paid on Thursday, May 16th. Investors of record on Thursday, April 11th were paid a dividend of GBX 1 ($0.01) per share. This represents a dividend yield of 0.39%. This is a positive change from Capital & Counties Properties PLC’s previous dividend of $0.50. The ex-dividend date was Thursday, April 11th. Capital & Counties Properties PLC’s dividend payout ratio is presently -0.15%.

In other Capital & Counties Properties PLC news, insider Jonathan S. Lane purchased 8,650 shares of the stock in a transaction that occurred on Wednesday, April 17th. The stock was purchased at an average cost of GBX 241 ($3.15) per share, with a total value of £20,846.50 ($27,239.64).

Capital & Counties Properties PLC Company Profile

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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