Capital & Counties Properties PLC (LON:CAPC) Reaches New 12-Month Low at $120.00

Capital & Counties Properties PLC (LON:CAPC)’s stock price hit a new 52-week low on Wednesday . The stock traded as low as GBX 120 ($1.57) and last traded at GBX 122.90 ($1.61), with a volume of 1349319 shares changing hands. The stock had previously closed at GBX 123.90 ($1.62).

Several brokerages recently weighed in on CAPC. UBS Group reiterated a “buy” rating on shares of Capital & Counties Properties PLC in a research report on Monday, June 1st. Liberum Capital cut their price objective on shares of Capital & Counties Properties PLC from GBX 220 ($2.87) to GBX 180 ($2.35) and set a “buy” rating on the stock in a research report on Wednesday, August 12th. Peel Hunt reiterated an “add” rating and issued a GBX 180 ($2.35) price objective on shares of Capital & Counties Properties PLC in a research report on Wednesday, August 12th. Peel Hunt reiterated an “add” rating and issued a GBX 180 ($2.35) price objective on shares of Capital & Counties Properties PLC in a research report on Wednesday, August 12th. Finally, Jefferies Financial Group cut their price objective on shares of Capital & Counties Properties PLC from GBX 172 ($2.25) to GBX 165 ($2.16) and set a “hold” rating on the stock in a research report on Thursday, July 16th. One research analyst has rated the stock with a sell rating, five have issued a hold rating and three have assigned a buy rating to the company. The stock presently has a consensus rating of “Hold” and a consensus price target of GBX 192.29 ($2.51).

The company’s 50 day moving average price is GBX 131.37 and its 200-day moving average price is GBX 155.34. The company has a market cap of $1.05 billion and a price-to-earnings ratio of -1.74. The company has a debt-to-equity ratio of 50.40, a quick ratio of 7.64 and a current ratio of 7.91.

In other news, insider Jonathan S. Lane bought 79,050 shares of the company’s stock in a transaction dated Thursday, August 13th. The shares were acquired at an average cost of GBX 130 ($1.70) per share, with a total value of £102,765 ($134,280.67).

Capital & Counties Properties PLC Company Profile (LON:CAPC)

Capital & Counties Properties PLC, a property company, invests in, develops, and manages real estate properties in the United Kingdom. Its principal properties include Covent Garden, a retail and dining destination in London; and Earls Court, a mixed-use development estate in London. The company was founded in 2010 and is headquartered in London, the United Kingdom.

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