Capital & Regional Plc (LON:CAL – Get Free Report)’s stock price passed above its two hundred day moving average during trading on Tuesday . The stock has a two hundred day moving average of GBX 58.96 ($0.78) and traded as high as GBX 64 ($0.85). Capital & Regional shares last traded at GBX 62 ($0.82), with a volume of 15,178 shares trading hands.
Analysts Set New Price Targets
Separately, Berenberg Bank increased their price objective on shares of Capital & Regional from GBX 65 ($0.86) to GBX 75 ($0.99) and gave the company a “buy” rating in a research note on Monday, August 5th.
View Our Latest Report on Capital & Regional
Capital & Regional Stock Performance
Capital & Regional Cuts Dividend
The business also recently announced a dividend, which will be paid on Friday, September 27th. Stockholders of record on Thursday, September 5th will be given a dividend of GBX 2.85 ($0.04) per share. This represents a dividend yield of 4.38%. The ex-dividend date of this dividend is Thursday, September 5th.
Capital & Regional Company Profile
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.
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