CAL has been the subject of a number of other reports. Numis Securities reiterated a buy rating on shares of Capital & Regional in a report on Tuesday, July 17th. JPMorgan Chase & Co. cut their price target on Capital & Regional from GBX 75 ($0.98) to GBX 57 ($0.74) and set an overweight rating for the company in a report on Thursday, September 6th. Finally, Berenberg Bank started coverage on Capital & Regional in a report on Wednesday, August 29th. They set a buy rating and a GBX 60 ($0.78) price target for the company.
Shares of CAL stock opened at GBX 40.15 ($0.52) on Wednesday. Capital & Regional has a 12 month low of GBX 50 ($0.65) and a 12 month high of GBX 62.77 ($0.82).
In other news, insider Hugh Scott-Barrett acquired 225,324 shares of the stock in a transaction dated Wednesday, August 15th. The shares were acquired at an average cost of GBX 47 ($0.61) per share, for a total transaction of £105,902.28 ($138,380.09).
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.
Further Reading: Cost of Debt
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