Capital & Counties Properties PLC (LON:CAPC) had its target price cut by Deutsche Bank from GBX 260 ($3.40) to GBX 240 ($3.14) in a research report sent to investors on Friday morning, ThisIsMoney.Co.Uk reports. They currently have a hold rating on the stock.

CAPC has been the subject of several other research reports. Peel Hunt decreased their price target on Abcam from GBX 1,550 ($20.25) to GBX 1,430 ($18.69) and set an add rating for the company in a research note on Monday, July 22nd. Numis Securities reiterated a buy rating on shares of in a research note on Friday, May 31st. Finally, Liberum Capital reiterated a hold rating on shares of Capital & Counties Properties PLC in a research note on Friday, May 31st. Three analysts have rated the stock with a sell rating, four have given a hold rating and one has assigned a buy rating to the stock. The stock has an average rating of Hold and an average target price of GBX 258 ($3.37).

Shares of CAPC traded up GBX 5.60 ($0.07) during trading hours on Friday, hitting GBX 218 ($2.85). 3,019,519 shares of the company were exchanged, compared to its average volume of 2,780,000. The company has a market capitalization of $1.86 billion and a P/E ratio of -32.54. The company’s 50 day simple moving average is GBX 217.51. Capital & Counties Properties PLC has a 52 week low of GBX 208 ($2.72) and a 52 week high of GBX 293.90 ($3.84). 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 business also recently declared a dividend, which will be paid on Friday, September 20th. Stockholders of record on Thursday, August 29th will be paid a dividend of GBX 0.50 ($0.01) per share. The ex-dividend date of this dividend is Thursday, August 29th. This represents a dividend yield of 0.23%. Capital & Counties Properties PLC’s dividend payout ratio (DPR) is presently -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. Its principal properties include Covent Garden, a retail and dining destination in London; and Earls Court, a mixed-use development estate in London. The company was founded in 2010 and is headquartered in London, the United Kingdom.

Featured Story: Strangles

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.