Capital & Counties Properties PLC (LON:CAPC) was upgraded by analysts at Numis Securities Ltd to an “add” rating in a research report issued to clients and investors on Monday. The brokerage currently has a GBX 307 ($3.84) target price on the stock, up from their prior target price of GBX 273 ($3.41). Numis Securities Ltd’s price target indicates a potential upside of 16.16% from the company’s previous close.
Other equities research analysts also recently issued research reports about the company. BNP Paribas reaffirmed an “underperform” rating and issued a GBX 252 ($3.15) target price on shares of Capital & Counties Properties PLC in a report on Monday, August 1st. Credit Suisse Group AG upgraded Capital & Counties Properties PLC to an “outperform” rating and increased their price target for the company from GBX 200 ($2.50) to GBX 290 ($3.62) in a research note on Thursday, October 13th. JPMorgan Chase & Co. dropped their price target on Capital & Counties Properties PLC from GBX 330 ($4.12) to GBX 275 ($3.44) and set an “underweight” rating for the company in a research note on Tuesday, September 6th. Deutsche Bank AG upgraded Capital & Counties Properties PLC to a “hold” rating and dropped their price target for the company from GBX 260 ($3.25) to GBX 250 ($3.12) in a research note on Tuesday, September 13th. Finally, Jefferies Group reiterated an “underperform” rating and issued a GBX 250 ($3.12) price target on shares of Capital & Counties Properties PLC in a research note on Friday, August 19th. Six equities research analysts have rated the stock with a sell rating, six have assigned a hold rating and four have issued a buy rating to the company. The stock has a consensus rating of “Hold” and an average price target of GBX 313.88 ($3.92).
Shares of Capital & Counties Properties PLC (LON:CAPC) opened at 272.10 on Monday. The firm’s market capitalization is GBX 2.30 billion. Capital & Counties Properties PLC has a 52 week low of GBX 257.20 and a 52 week high of GBX 451.80. The company’s 50 day moving average price is GBX 277.13 and its 200-day moving average price is GBX 296.99.
In other news, insider Das,Soumen sold 68,457 shares of the firm’s stock in a transaction dated Tuesday, September 6th. The stock was sold at an average price of GBX 296 ($3.70), for a total value of £202,632.72 ($253,164.32).