Is Buying Capital & Counties Properties PLC Here a Winning Strategy?

 Is Buying Capital & Counties Properties PLC Here a Winning Strategy?

The stock of Capital & Counties Properties PLC (LON:CAPC) is a huge mover today! The stock increased 0.02% or GBX 0.07 on November 29, hitting GBX 285.67. About 3.23 million shares traded hands or 31.30% up from the average. Capital & Counties Properties PLC (LON:CAPC) has declined 19.21% since April 29, 2016 and is downtrending. It has underperformed by 24.47% the S&P500.
The move comes after 5 months positive chart setup for the GBX 2.42B company. It was reported on Nov, 29 by Barchart.com. We have GBX 302.81 PT which if reached, will make LON:CAPC worth GBX 145.20M more.

Capital & Counties Properties PLC (LON:CAPC) Ratings Coverage

Out of 17 analysts covering Capital Counties Properties PLC (LON:CAPC), 5 rate it a “Buy”, 6 “Sell”, while 6 “Hold”. This means 29% are positive. Capital Counties Properties PLC has been the topic of 104 analyst reports since July 30, 2015 according to StockzIntelligence Inc. HSBC maintained Capital & Counties Properties PLC (LON:CAPC) on Wednesday, October 7 with “Reduce” rating. Morgan Stanley maintained Capital & Counties Properties PLC (LON:CAPC) on Wednesday, August 31 with “Underweight” rating. The stock of Capital & Counties Properties PLC (LON:CAPC) has “Sell” rating given on Tuesday, January 5 by Kempen & Co. The firm has “Hold” rating by Deutsche Bank given on Tuesday, October 4. The company was maintained on Thursday, July 28 by Liberum Capital. As per Monday, August 24, the company rating was downgraded by Jefferies. Credit Suisse maintained Capital & Counties Properties PLC (LON:CAPC) rating on Tuesday, November 24. Credit Suisse has “Underperform” rating and GBX 450 price target. The firm has “Underperform” rating given on Tuesday, October 13 by Credit Suisse. Credit Suisse maintained Capital & Counties Properties PLC (LON:CAPC) on Thursday, January 21 with “Underperform” rating. As per Wednesday, September 23, the company rating was maintained by HSBC.

Capital & Counties Properties PLC is a United Kingdom property company. The company has a market cap of 2.42 billion GBP. The Company’s principal activity is the development and management of property. It has a 41.95 P/E ratio. The Company’s divisions include Covent Garden, Earls Court Properties, Venues and Other.

Receive News & Ratings Via Email - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings with our FREE daily email newsletter.

Related posts

Leave a Comment