JPMorgan Chase & Co. Trims Capital & Counties Properties PLC (LON:CAPC) Target Price to GBX 200

Capital & Counties Properties PLC (LON:CAPC) had its price target decreased by JPMorgan Chase & Co. from GBX 245 ($3.20) to GBX 200 ($2.61) in a research note issued to investors on Tuesday morning, ThisIsMoney.Co.Uk reports. JPMorgan Chase & Co. currently has an underweight rating on the stock.

A number of other research firms have also weighed in on CAPC. Peel Hunt restated an add rating on shares of Capital & Counties Properties PLC in a report on Friday, August 9th. Liberum Capital restated a hold rating on shares of Capital & Counties Properties PLC in a report on Friday, May 31st. Deutsche Bank dropped their target price on Capital & Counties Properties PLC from GBX 260 ($3.40) to GBX 240 ($3.14) and set a hold rating on the stock in a report on Friday, July 26th. Finally, Numis Securities restated a hold rating and issued a GBX 243 ($3.18) target price on shares of Capital & Counties Properties PLC in a report on Friday, May 31st. Three investment analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of Hold and a consensus price target of GBX 251.57 ($3.29).

CAPC stock opened at GBX 187.60 ($2.45) on Tuesday. Capital & Counties Properties PLC has a twelve month low of GBX 181.40 ($2.37) and a twelve month high of GBX 280.60 ($3.67). The company has a quick ratio of 1.58, a current ratio of 1.86 and a debt-to-equity ratio of 22.90. The stock’s 50 day moving average is GBX 209.92 and its 200-day moving average is GBX 231.39. The firm has a market capitalization of $1.60 billion and a PE ratio of -9.52.

The firm also recently declared a dividend, which will be paid on Friday, September 20th. Investors of record on Thursday, August 29th will be issued a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a yield of 0.23%. Capital & Counties Properties PLC’s dividend payout ratio (DPR) is currently -0.05%.

Capital & Counties Properties PLC Company Profile

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

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