JPMorgan Chase & Co. Reiterates Overweight Rating for Capital & Regional plc (CAL)
Capital & Regional plc (LON:CAL)‘s stock had its “overweight” rating reaffirmed by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Wednesday. They currently have a GBX 57 ($0.95) price objective on the stock. JPMorgan Chase & Co.’s target price indicates a potential upside of 21.28% from the stock’s previous close.
Capital & Regional plc (LON:CAL) opened at 47.25 on Wednesday. Capital & Regional plc has a one year low of GBX 39.955 and a one year high of GBX 53.786. The stock’s 50-day moving average is GBX 46.50 and its 200-day moving average is GBX 46.98. The company’s market cap is £164.6 million.
The company also recently declared a dividend, which is scheduled for Friday, September 26th. Investors of record on Wednesday, September 3rd will be given a dividend of GBX 0.35 ($0.01) per share. This represents a yield of 0.74%. The ex-dividend date of this dividend is Wednesday, September 3rd.
Other equities research analysts have also recently issued reports about the stock. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Capital & Regional plc in a research note on Tuesday, August 12th. They now have a GBX 58 ($0.97) price target on the stock. Separately, analysts at Nplus1 Brewin reiterated a “buy” rating on shares of Capital & Regional plc in a research note on Wednesday, July 23rd. They now have a GBX 58 ($0.97) price target on the stock.
Capital and Regional PLC is a specialist property company focusing on retail investments in the United Kingdom and Germany.
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