Capital & Regional Plc (CAL.L) (LON:CAL)’s share price gapped up prior to trading on Tuesday . The stock had previously closed at $72.00, but opened at $74.93. Capital & Regional Plc (CAL.L) shares last traded at $72.54, with a volume of 834 shares trading hands.
Separately, Berenberg Bank lowered shares of Capital & Regional Plc (CAL.L) to a “sell” rating and cut their target price for the company from GBX 50 ($0.65) to GBX 10 ($0.13) in a research report on Tuesday, December 15th. Two investment analysts have rated the stock with a sell rating and three have issued a hold rating to the stock. The company currently has an average rating of “Hold” and an average target price of GBX 72 ($0.94).
The company has a market cap of £78.05 million and a price-to-earnings ratio of -0.35. The business’s fifty day moving average price is GBX 66.66 and its 200 day moving average price is GBX 62.11. The company has a debt-to-equity ratio of 195.11, a current ratio of 3.27 and a quick ratio of 3.10.
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 the local communities. It has a strong track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of in-town shopping centres.
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