Capital & Regional (LON:CAL) PT Lowered to GBX 65

Capital & Regional (LON:CAL - Get Free Report) had its price objective cut by equities researchers at Berenberg Bank from GBX 68 ($0.85) to GBX 65 ($0.82) in a research note issued to investors on Tuesday, MarketBeat reports. The brokerage presently has a "buy" rating on the real estate investment trust's stock. Berenberg Bank's price objective would indicate a potential upside of 23.57% from the stock's current price.

Separately, Numis Securities reiterated an "add" rating and issued a GBX 65 ($0.82) price objective on shares of Capital & Regional in a research report on Friday, March 8th.

Capital & Regional Trading Up 1.7 %

CAL stock traded up GBX 0.90 ($0.01) during trading on Tuesday, reaching GBX 52.60 ($0.66). 42,400 shares of the stock were exchanged, compared to its average volume of 92,192. The company has a current ratio of 0.72, a quick ratio of 1.58 and a debt-to-equity ratio of 112.28. The firm has a market capitalization of £118.30 million, a price-to-earnings ratio of 2,630.00, a P/E/G ratio of 1.40 and a beta of 1.69. The business has a 50 day moving average price of GBX 51.48 and a 200-day moving average price of GBX 54.25. Capital & Regional has a 1 year low of GBX 48.88 ($0.61) and a 1 year high of GBX 61 ($0.77).

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 the local communities. It has a track record of delivering value enhancing retail and leisure asset management opportunities across a portfolio of tailored in-town community shopping centres.