Capital & Counties Properties PLC (LON:CAPC)‘s stock had its “hold” rating reiterated by investment analysts at Peel Hunt in a report issued on Thursday, StockTargetPrices.com reports. They currently have a GBX 61 ($0.79) target price on the stock. Peel Hunt’s price target indicates a potential downside of 78.78% from the company’s current price.

CAPC has been the topic of several other reports. Numis Securities Ltd reissued a “reduce” rating and set a GBX 272 ($3.54) price target on shares of Capital & Counties Properties PLC in a research note on Friday, July 21st. J P Morgan Chase & Co increased their price target on shares of Capital & Counties Properties PLC from GBX 275 ($3.58) to GBX 290 ($3.78) and gave the company an “underweight” rating in a research note on Monday, April 24th. Citigroup Inc. reissued a “buy” rating and set a GBX 374 ($4.87) price target on shares of Capital & Counties Properties PLC in a research note on Monday, April 24th. HSBC Holdings plc cut shares of Capital & Counties Properties PLC to a “hold” rating and reduced their price objective for the company from GBX 66 ($0.86) to GBX 62 ($0.81) in a research note on Thursday, June 29th. Finally, Jefferies Group LLC reaffirmed an “underperform” rating and issued a GBX 190 ($2.47) price objective on shares of Capital & Counties Properties PLC in a research note on Wednesday, April 26th. Four research analysts have rated the stock with a sell rating, seven have assigned a hold rating and three have issued a buy rating to the stock. Capital & Counties Properties PLC presently has a consensus rating of “Hold” and an average target price of GBX 241.07 ($3.14).

Capital & Counties Properties PLC (CAPC) opened at 284.00 on Thursday. The firm has a 50 day moving average price of GBX 294.56 and a 200 day moving average price of GBX 298.01. The company’s market cap is GBX 2.41 billion. Capital & Counties Properties PLC has a 12-month low of GBX 261.97 and a 12-month high of GBX 326.10.

ILLEGAL ACTIVITY WARNING: “Peel Hunt Reaffirms “Hold” Rating for Capital & Counties Properties PLC (CAPC)” was posted by Daily Political and is the sole property of of Daily Political. If you are accessing this story on another website, it was stolen and republished in violation of United States & international copyright & trademark legislation. The correct version of this story can be accessed at https://www.dailypolitical.com/2017/08/10/peel-hunt-reaffirms-hold-rating-for-capital-counties-properties-plc-capc.html.

In other news, insider Situl Jobanputra bought 37,500 shares of the business’s stock in a transaction on Tuesday, July 25th. The shares were bought at an average cost of GBX 296 ($3.85) per share, for a total transaction of £111,000 ($144,550.07). Also, insider Gerry Murphy bought 20,000 shares of the business’s stock in a transaction on Friday, July 21st. The stock was purchased at an average price of GBX 307 ($4.00) per share, for a total transaction of £61,400 ($79,958.33).

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.

Stock Target Prices

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

Receive News & Ratings for Capital & Counties Properties PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Capital & Counties Properties PLC and related companies with MarketBeat.com's FREE daily email newsletter.