Capital & Counties Properties Given “Hold” Rating at Jefferies Group (CAPC)
Capital & Counties Properties (LON:CAPC)‘s stock had its “hold” rating reiterated by Jefferies Group in a research note issued on Monday, American Banking News.com reports. They currently have a GBX 294 ($4.69) price objective on the stock. Jefferies Group’s price target would suggest a potential downside of 15.90% from the stock’s previous close.
Capital & Counties Properties (LON:CAPC) traded up 0.66% during mid-day trading on Monday, hitting GBX 349.60. 644,551 shares of the company’s stock traded hands. Capital & Counties Properties has a one year low of GBX 222.70 and a one year high of GBX 366.50. The stock’s 50-day moving average is GBX 328.4 and its 200-day moving average is GBX 323.9. The company’s market cap is £2.636 billion.
A number of other analysts have also recently weighed in on CAPC. Analysts at BNP Paribas reiterated an “outperform” rating on shares of Capital & Counties Properties in a research note to investors on Tuesday, October 1st. They now have a GBX 390 ($6.23) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Capital & Counties Properties in a research note to investors on Friday, September 13th. They now have a GBX 365 ($5.83) price target on the stock. Finally, analysts at Numis Securities Ltd raised their price target on shares of Capital & Counties Properties from GBX 255 ($4.07) to GBX 325 ($5.19) in a research note to investors on Tuesday, September 10th. They now have a “hold” rating on the stock. Six equities research analysts have rated the stock with a sell rating, eight have given a hold rating and six have assigned a buy rating to the company’s stock. Capital & Counties Properties has an average rating of “Hold” and an average price target of GBX 362.31 ($5.78).
Capital & Counties Properties PLC (LON:CAPC) is a property investment and development company.
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