Should Investors Head For The Exit? Oddo Seydler Bank AG Downgrades Capital Stage (ETR:CAP)


Capital Stage (ETR:CAP) Receives a Downgrade

Oddo Seydler Bank AG lowered Capital Stage (ETR:CAP) shares to a “Reduce” rating in a recent report distributed today.

From a total of 2 analysts covering Capital Stage (ETR:CAP) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is €10.60 while the lowest target price is €8.40. The mean of all analyst targets is €10 with a 23.30% above today’s (€8.11) stock price. Capital Stage was the topic of 5 analyst reports since August 24, 2015 according to the firm StockzIntelligence Inc. Warburg Research upgraded shares on November 21 to “Buy” rating.

The stock increased 1.05% or EUR 0.08 on December 17, striking EUR 8.11. Approximately 94,079 shares of stock traded hands. Capital Stage AG (ETR:CAP) has risen 6.00% since November 18, 2015 and is uptrending. It has outperformed by 8.26% the S&P500.

Should Investors Head For The Exit? Oddo Seydler Bank AG Downgrades Capital Stage (ETR:CAP)

The overall sentiment of institutions has decreased to 1.04 in Q2 2015. Its down 0.22, from 1.26 in 2015Q2. The ratio dived, as 22 institutions have sold all the shares of Capital Stage AG that they owned while 28 funds have taken shares off the table. 10 funds have purchased shares for the first time while 42 added to their positions. These institutions now hold 22.49 million shares or 46.35% more than the 15.37 million shares they owned in 2015Q2.

The Fund Pacific Ridge Capital Partners Llc currently is holding shares equating to 0.84% of its total portfolio in Capital Stage AG representing a total of 168,940 shares. Another fund,Buckhead Capital Management Llc, is holding a total of 363,266 shares equating to 0.72% of their holdings. Additionally, Mork Capital Management has a 50,000 share stake in Capital Stage AG which represents 0.59% of their total portfolio. The Fund, Aristotle Capital Boston Llc, based out of Massachusetts, has also built up a stake in the stock, which represents a total of 0.43% of their total portfolio. Finally Eagle Boston Investment Management Inc, a fund which is based in the state of Massachusetts reported a total holdings of 282,248 shares.

Capital Stage AG is a Germany-based investor in photovoltaic solar and wind parks and German operator of those parks. The company has a market cap of 611.41 million EUR. The Firm engages the whole development chain of wind and solar parks and, once the investment is completed, takes ownership of the project as operator and undertakes technical maintenance of the projects. It has 16.84 P/E ratio. Furthermore, the Company holds investments in companies engaged in the renewable energy sector, particularly in the field of photovoltaic and solar thermal energy.