Capital & Counties Properties PLC (LON:CAPC) Price Target Cut to GBX 200 by Analysts at JPMorgan Chase & Co.

Capital & Counties Properties PLC (LON:CAPC) had its price objective cut by JPMorgan Chase & Co. from GBX 245 ($3.20) to GBX 200 ($2.61) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports. They currently have an underweight rating on the stock.

Several other equities analysts have also recently commented on the company. Peel Hunt restated an add rating on shares of Capital & Counties Properties PLC in a research report on Friday, August 9th. Deutsche Bank reduced their target price on 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 report on Friday, July 26th. Liberum Capital restated a hold rating on shares of Capital & Counties Properties PLC in a research report on Friday, May 31st. Finally, Numis Securities restated a hold rating and set a GBX 243 ($3.18) target price on shares of Capital & Counties Properties PLC in a research report on Friday, May 31st. Three research analysts have rated the stock with a sell rating, four have assigned a hold rating and one has assigned a buy rating to the stock. The company currently has an average rating of Hold and an average price target of GBX 251.57 ($3.29).

Capital & Counties Properties PLC stock opened at GBX 187.60 ($2.45) on Tuesday. Capital & Counties Properties PLC has a 52 week low of GBX 181.40 ($2.37) and a 52 week high of GBX 280.60 ($3.67). The business has a 50-day simple moving average of GBX 209.92 and a 200 day simple moving average of GBX 231.39. The company has a quick ratio of 1.58, a current ratio of 1.86 and a debt-to-equity ratio of 22.90. The stock has a market cap of $1.60 billion and a price-to-earnings ratio of -9.52.



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