Numis Securities Ltd Reiterates “Buy” Rating for Capital & Regional plc (LON:CAL)
Capital & Regional plc (LON:CAL)‘s stock had its “buy” rating reiterated by Numis Securities Ltd in a report issued on Thursday. They presently have a GBX 75 ($0.98) target price on the real estate investment trust’s stock. Numis Securities Ltd’s price objective indicates a potential upside of 33.93% from the company’s previous close.
A number of other analysts have also commented on CAL. HSBC Holdings plc lowered shares of Capital & Regional plc to a “hold” rating and decreased their price target for the company from GBX 66 ($0.86) to GBX 62 ($0.81) in a research note on Thursday, June 29th. J P Morgan Chase & Co restated an “overweight” rating and set a GBX 75 ($0.98) price target on shares of Capital & Regional plc in a research note on Wednesday, May 31st.
Capital & Regional plc (LON CAL) opened at 57.75 on Thursday. Capital & Regional plc has a one year low of GBX 50.75 and a one year high of GBX 65.00. The firm’s market cap is GBX 405.23 million. The company’s 50-day moving average is GBX 56.31 and its 200 day moving average is GBX 57.66.
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In other Capital & Regional plc news, insider Charles Staveley purchased 20,000 shares of the firm’s stock in a transaction on Wednesday, June 7th. The stock was acquired at an average price of GBX 56 ($0.73) per share, for a total transaction of £11,200 ($14,585.23).
Capital & Regional plc Company Profile
Capital & Regional plc is a specialist real estate investment trust with a portfolio of in-town community shopping centers. The Company’s segments are Wholly-owned assets, Other UK Shopping Centres, Snozone and Group/Central. The Wholly-owned assets and Other UK Shopping Centres segments engage in the rental of investment properties.
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