Capital & Counties Properties PLC (CAPC) Receives “Underperform” Rating from Jefferies Group

Jefferies Group reaffirmed their underperform rating on shares of Capital & Counties Properties PLC (LON:CAPC) in a research note published on Thursday morning. Jefferies Group currently has a GBX 186 ($2.52) price target on the stock.

A number of other equities analysts have also recently issued reports on CAPC. JPMorgan Chase & Co. increased their target price on Capital & Counties Properties PLC from GBX 290 ($3.93) to GBX 300 ($4.07) and gave the stock an underweight rating in a report on Monday, January 15th. Liberum Capital reiterated a hold rating and issued a GBX 300 ($4.07) target price on shares of Capital & Counties Properties PLC in a report on Monday, January 15th. Numis Securities reiterated a buy rating and issued a GBX 75 ($1.02) target price on shares of Capital & Counties Properties PLC in a report on Wednesday, December 20th. Peel Hunt upgraded Capital & Counties Properties PLC to a reduce rating and increased their target price for the stock from GBX 225 ($3.05) to GBX 250 ($3.39) in a report on Tuesday, December 5th. Finally, Citigroup reiterated a buy rating on shares of Capital & Counties Properties PLC in a report on Thursday, November 9th. Five equities research analysts have rated the stock with a sell rating, three have given a hold rating and one has assigned a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 255.78 ($3.47).

Shares of Capital & Counties Properties PLC (LON CAPC) traded up GBX 0.50 ($0.01) during mid-day trading on Thursday, hitting GBX 297.20 ($4.03). 829,328 shares of the stock traded hands, compared to its average volume of 2,250,000. The firm has a market cap of $2,520.00 and a P/E ratio of 14,860.00. Capital & Counties Properties PLC has a one year low of GBX 251.90 ($3.42) and a one year high of GBX 326.10 ($4.42).

In other Capital & Counties Properties PLC news, insider Charlotte Boyle bought 10,000 shares of the stock in a transaction dated Friday, November 10th. The shares were bought at an average cost of GBX 257 ($3.49) per share, for a total transaction of £25,700 ($34,852.18).

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Capital & Counties Properties PLC Company Profile

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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