Capital & Regional (CAL) Receives Overweight Rating from J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their overweight rating on shares of Capital & Regional (LON:CAL) in a report published on Wednesday morning. The brokerage currently has a GBX 75 ($1.01) target price on the real estate investment trust’s stock.

Other equities research analysts also recently issued reports about the stock. Numis Securities reissued a buy rating and issued a GBX 75 ($1.01) price target on shares of Capital & Regional in a report on Tuesday. Peel Hunt reissued a hold rating and issued a GBX 61 ($0.82) price target on shares of Capital & Regional in a report on Thursday, August 10th.

Shares of Capital & Regional (LON CAL) remained flat at $GBX 52.50 ($0.71) during trading on Wednesday. The stock had a trading volume of 433,938 shares, compared to its average volume of 661,893. Capital & Regional has a 52-week low of GBX 50 ($0.67) and a 52-week high of GBX 62.77 ($0.84).

In related news, insider Hugh Scott-Barrett sold 213,117 shares of the company’s stock in a transaction that occurred on Thursday, September 21st. The shares were sold at an average price of GBX 56 ($0.75), for a total value of £119,345.52 ($160,626.54). Also, insider Lawrence Hutchings acquired 38,710 shares of the firm’s stock in a transaction that occurred on Friday, November 10th. The stock was bought at an average price of GBX 51 ($0.69) per share, for a total transaction of £19,742.10 ($26,570.79).

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Capital & Regional Company Profile

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.

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