HSBC cut shares of Capital & Regional plc (LON:CAL) to a hold rating in a research note published on Friday morning. HSBC currently has GBX 69 ($0.90) target price on the real estate investment trust’s stock, up from their prior target price of GBX 61 ($0.80).
A number of other research firms also recently weighed in on CAL. Numis Securities Ltd restated a buy rating and issued a GBX 77 ($1.01) price target on shares of Capital & Regional plc in a research note on Friday, September 9th. Peel Hunt restated a hold rating and issued a GBX 58 ($0.76) price target on shares of Capital & Regional plc in a research note on Thursday, August 18th. Two equities research analysts have rated the stock with a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of Buy and a consensus target price of GBX 71 ($0.93).
Shares of Capital & Regional plc (LON:CAL) opened at 62.50 on Friday. Capital & Regional plc has a 12 month low of GBX 43.58 and a 12 month high of GBX 71.50. The firm’s market capitalization is GBX 437.35 million. The company’s 50 day moving average price is GBX 61.41 and its 200-day moving average price is GBX 60.33.
The company also recently announced a dividend, which will be paid on Thursday, October 27th. Shareholders of record on Thursday, September 29th will be given a dividend of GBX 1.62 ($0.02) per share. The ex-dividend date of this dividend is Thursday, September 29th. This represents a yield of 2.72%.
In other news, insider Scott-Barrett,Hugh bought 75,000 shares of the firm’s stock in a transaction on Thursday, August 18th. The shares were bought at an average cost of GBX 60 ($0.78) per share, for a total transaction of £45,000 ($58,739.07). Also, insider Louis Norval bought 73,200 shares of the firm’s stock in a transaction on Tuesday, September 27th. The shares were purchased at an average price of GBX 63 ($0.82) per share, for a total transaction of £46,116 ($60,195.80).