Peel Hunt Reaffirms Hold Rating for Capital & Regional (CAL)

Peel Hunt reissued their hold rating on shares of Capital & Regional (LON:CAL) in a report issued on Tuesday. The brokerage currently has a GBX 54 ($0.69) price objective on the real estate investment trust’s stock.

Separately, Numis Securities reaffirmed a buy rating on shares of Capital & Regional in a research report on Tuesday, July 17th.

Shares of CAL opened at GBX 44.91 ($0.57) on Tuesday. Capital & Regional has a twelve month low of GBX 50 ($0.64) and a twelve month high of GBX 62.77 ($0.80).

The business also recently announced a dividend, which will be paid on Thursday, October 25th. Stockholders of record on Thursday, October 4th will be given a GBX 1.82 ($0.02) dividend. The ex-dividend date is Thursday, October 4th. This represents a dividend yield of 4.01%.

In related news, insider Hugh Scott-Barrett bought 225,324 shares of the company’s stock in a transaction dated Wednesday, August 15th. The stock was purchased at an average cost of GBX 47 ($0.60) per share, with a total value of £105,902.28 ($135,096.67).

About Capital & Regional

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.

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