Capital & Regional (LON:CAL) Price Target Increased to GBX 75 by Analysts at Berenberg Bank

Capital & Regional (LON:CAL) had its price objective upped by Berenberg Bank from GBX 65 ($0.83) to GBX 75 ($0.96) in a research report sent to investors on Monday morning, MarketBeat reports. Berenberg Bank currently has a buy rating on the real estate investment trust’s stock.

Capital & Regional Trading Down 2.5 %

Capital & Regional stock traded down GBX 1.70 ($0.02) during trading hours on Monday, hitting GBX 65 ($0.83). The company had a trading volume of 35,463 shares, compared to its average volume of 108,534. The firm has a market cap of £146.19 million, a P/E ratio of 3,269.00, a P/E/G ratio of 1.40 and a beta of 1.68. The company has a 50-day moving average price of GBX 63.07 and a two-hundred day moving average price of GBX 56.20. Capital & Regional has a 1 year low of GBX 48.88 ($0.62) and a 1 year high of GBX 68.60 ($0.88). The company has a debt-to-equity ratio of 112.28, a quick ratio of 1.58 and a current ratio of 0.72.

Capital & Regional Cuts Dividend

The firm also recently disclosed a dividend, which will be paid on Friday, September 27th. Investors of record on Thursday, September 5th will be paid a GBX 2.85 ($0.04) dividend. This represents a yield of 4.38%. The ex-dividend date of this dividend is Thursday, September 5th. Capital & Regional’s dividend payout ratio (DPR) is 30,000.00%.

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.