Brokerages Set Capital & Counties Properties PLC (CAPC) Price Target at $276.38

Capital & Counties Properties PLC (LON:CAPC) has earned a consensus recommendation of “Hold” from the ten research firms that are presently covering the firm, Marketbeat Ratings reports. Four equities research analysts have rated the stock with a sell recommendation, five have issued a hold recommendation and one has assigned a buy recommendation to the company. The average 12-month price objective among analysts that have issued a report on the stock in the last year is GBX 276.38 ($3.61).

A number of analysts recently issued reports on CAPC shares. Peel Hunt raised Capital & Counties Properties PLC to an “add” rating and dropped their price objective for the stock from GBX 300 ($3.92) to GBX 260 ($3.40) in a report on Tuesday, February 19th. Liberum Capital reissued a “hold” rating on shares of Capital & Counties Properties PLC in a report on Wednesday, January 9th. Numis Securities reissued a “hold” rating and set a GBX 243 ($3.18) price objective on shares of Capital & Counties Properties PLC in a report on Tuesday, March 5th. Deutsche Bank dropped their price objective on Capital & Counties Properties PLC from GBX 280 ($3.66) to GBX 260 ($3.40) and set a “hold” rating on the stock in a report on Tuesday, March 19th. Finally, Morgan Stanley dropped their price objective on Capital & Counties Properties PLC from GBX 230 ($3.01) to GBX 220 ($2.87) and set an “underweight” rating on the stock in a report on Thursday, March 14th.

Shares of LON CAPC opened at GBX 240.60 ($3.14) on Wednesday. Capital & Counties Properties PLC has a one year low of GBX 225.20 ($2.94) and a one year high of GBX 310 ($4.05). The company has a debt-to-equity ratio of 20.69, a quick ratio of 0.87 and a current ratio of 1.24. The firm has a market cap of $2.05 billion and a PE ratio of -35.91.

Capital & Counties Properties PLC (LON:CAPC) last issued its quarterly earnings results on Wednesday, February 27th. The company reported GBX 0.90 ($0.01) EPS for the quarter, missing analysts’ consensus estimates of GBX 1 ($0.01) by GBX (0.10) ($0.00). As a group, research analysts expect that Capital & Counties Properties PLC will post 171.000011623351 EPS for the current fiscal year.

The business also recently disclosed a dividend, which will be paid on Thursday, May 16th. Investors of record on Thursday, April 11th will be issued a dividend of GBX 1 ($0.01) per share. This is a boost from Capital & Counties Properties PLC’s previous dividend of $0.50. The ex-dividend date is Thursday, April 11th. This represents a yield of 0.39%. Capital & Counties Properties PLC’s dividend payout ratio is -0.15%.

About Capital & Counties Properties PLC

Capital & Counties Properties PLC, a property company, invests in, develops, and manages real estate properties in the United Kingdom. The company operates through three segments: Covent Garden, Earls Court Properties, and Other. Its assets principally comprise investment and development properties at Covent Garden and Earls Court.

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

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