Capital & Counties Properties PLC Given Overweight Rating at HSBC (CAPC)
Capital & Counties Properties PLC (LON:CAPC)‘s stock had its “overweight” rating reaffirmed by research analysts at HSBC in a report released on Monday. They currently have a GBX 388.20 ($6.66) price objective on the stock. HSBC’s target price indicates a potential upside of 17.89% from the stock’s previous close.
Shares of Capital & Counties Properties PLC (LON:CAPC) opened at 325.70 on Monday. Capital & Counties Properties PLC has a 1-year low of GBX 310.63 and a 1-year high of GBX 393.365. The stock’s 50-day moving average is GBX 333.5 and its 200-day moving average is GBX 346.9. The company’s market cap is £2.468 billion.
A number of other analysts have also recently weighed in on CAPC. Analysts at Jefferies Group upgraded shares of Capital & Counties Properties PLC to a “buy” rating in a research note on Wednesday, July 2nd. They now have a GBX 376 ($6.45) price target on the stock. Finally, analysts at BNP Paribas reiterated a “neutral” rating on shares of Capital & Counties Properties PLC in a research note on Monday, June 30th. They now have a GBX 390 ($6.69) price target on the stock. Three equities research analysts have rated the stock with a sell rating, six have issued a hold rating and six have assigned a buy rating to the company. The stock currently has an average rating of “Hold” and an average price target of GBX 330.25 ($5.66).
Capital & Counties Properties PLC (LON:CAPC) is a property investment and development company.
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