Capital & Counties Properties PLC (LON:CAPC) was upgraded by investment analysts at Peel Hunt to a “reduce” rating in a research note issued to investors on Tuesday. The brokerage presently has a GBX 250 ($3.36) price target on the stock, up from their previous price target of GBX 225 ($3.03). Peel Hunt’s price objective points to a potential downside of 7.06% from the stock’s previous close.

Several other analysts also recently weighed in on CAPC. Numis Securities reiterated a “buy” rating and issued a GBX 75 ($1.01) price objective on shares of Capital & Counties Properties PLC in a research report on Thursday, August 10th. J P Morgan Chase & Co reiterated an “overweight” rating and issued a GBX 75 ($1.01) price objective on shares of Capital & Counties Properties PLC in a research report on Wednesday, August 23rd. Liberum Capital reiterated a “hold” rating and issued a GBX 300 ($4.04) price objective on shares of Capital & Counties Properties PLC in a research report on Monday, November 20th. Citigroup reiterated a “buy” rating on shares of Capital & Counties Properties PLC in a research report on Thursday, November 9th. Finally, Deutsche Bank reiterated a “hold” rating and issued a GBX 250 ($3.36) price objective on shares of Capital & Counties Properties PLC in a research report on Thursday, October 26th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company. The company currently has a consensus rating of “Hold” and a consensus price target of GBX 223.55 ($3.01).

Shares of Capital & Counties Properties PLC (LON:CAPC) traded up GBX 3.50 ($0.05) during mid-day trading on Tuesday, reaching GBX 269 ($3.62). The company’s stock had a trading volume of 1,990,000 shares, compared to its average volume of 2,270,000. Capital & Counties Properties PLC has a 12-month low of GBX 251.90 ($3.39) and a 12-month high of GBX 326.10 ($4.39).

In related news, insider Charlotte Boyle bought 10,000 shares of the business’s stock in a transaction dated Friday, November 10th. The shares were purchased at an average cost of GBX 257 ($3.46) per share, with a total value of £25,700 ($34,589.50).

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About Capital & Counties Properties PLC

Capital & Counties Properties PLC is a United Kingdom-based property company. The Company’s principal activity is the development and management of property. The Company’s segments include Covent Garden, Earls Court Properties and Other. The Earls Court Properties division represents the Company’s interests in the Earls Court area, comprising properties held in ECPL, Lillie Square, the Empress State Building and a number of smaller properties in the Earls Court area.

Analyst Recommendations for Capital & Counties Properties PLC (LON:CAPC)

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