Berenberg Bank lowered shares of Capital & Regional (LON:CAL) to a hold rating in a research report sent to investors on Thursday morning, Digital Look reports. Berenberg Bank currently has GBX 20 ($0.26) price target on the real estate investment trust’s stock, down from their previous price target of GBX 45 ($0.59).
Separately, Peel Hunt reissued a hold rating on shares of Capital & Regional in a research note on Friday, August 9th.
Shares of LON:CAL opened at GBX 14.50 ($0.19) on Thursday. The firm has a fifty day moving average of GBX 15.93 and a two-hundred day moving average of GBX 21.97. The firm has a market capitalization of $105.33 million and a P/E ratio of -4.14. Capital & Regional has a 12-month low of GBX 13.32 ($0.17) and a 12-month high of GBX 49.50 ($0.65). The company has a quick ratio of 1.12, a current ratio of 1.28 and a debt-to-equity ratio of 114.25.
Capital & Regional is a UK focused retail property REIT specialising in shopping centres that dominate their catchment, serving the non-discretionary and value orientated needs of their local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a c.£0.9 billion portfolio of tailored in-town shopping centres.
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