Capital & Regional plc (CAL) Shares Rating Restated by JPMorgan Chase & Co.

Capital & Regional plc (CAL) Shares Rating Restated by JPMorgan Chase & Co.

Capital & Regional plc (LON:CAL)‘s stock had its “overweight” rating reaffirmed by research analysts at JPMorgan Chase & Co. in a research note issued on Wednesday. They currently have a GBX 75 ($0.96) price objective on the real estate investment trust’s stock. JPMorgan Chase & Co.’s price objective points to a potential upside of 27.66% from the stock’s current price.

Several other equities analysts have also recently issued reports on the company. Numis Securities Ltd reiterated a “buy” rating and set a GBX 76 ($0.98) price target on shares of Capital & Regional plc in a research report on Monday, February 20th. Peel Hunt reiterated a “hold” rating and set a GBX 58 ($0.75) price target on shares of Capital & Regional plc in a research report on Thursday, March 9th.

Shares of Capital & Regional plc (LON:CAL) opened at 58.75 on Wednesday. The stock’s market capitalization is GBX 412.25 million. Capital & Regional plc has a 52-week low of GBX 43.58 and a 52-week high of GBX 65.00. The firm’s 50-day moving average price is GBX 59.76 and its 200-day moving average price is GBX 56.90.

The firm also recently announced a dividend, which was paid on Tuesday, May 16th. Stockholders of record on Thursday, April 27th were given a GBX 1.77 ($0.02) dividend. This represents a dividend yield of 2.97%. The ex-dividend date was Thursday, April 27th. This is a boost from Capital & Regional plc’s previous dividend of $1.62.

In other news, insider Tony Hales acquired 100,000 shares of Capital & Regional plc stock in a transaction that occurred on Friday, March 10th. The stock was purchased at an average price of GBX 60 ($0.77) per share, with a total value of £60,000 ($77,071.29). Also, insider Hugh Scott-Barrett acquired 158,174 shares of Capital & Regional plc stock in a transaction that occurred on Thursday, March 9th. The shares were purchased at an average cost of GBX 59 ($0.76) per share, with a total value of £93,322.66 ($119,874.96).

About Capital & Regional plc

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.new TradingView.widget({ “height”: 400, “width”: 625, “symbol”: “LSE:CAL”, “interval”: “D”, “timezone”: “Etc/UTC”, “theme”: “White”, “style”: “1”, “locale”: “en”, “toolbar_bg”: “#f1f3f6”, “enable_publishing”: false, “hideideas”: true, “referral_id”: “2588”});

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