Recovery some way off
Capital & Counties (Capco) results show that, regardless of Brexit, you can do well when you own some of the best properties in the world. Both Covent Garden and Earls Court had decent starts to the year. Trading at around 5 000c the stock offers great long-term value. The issue is that the Brexit concerns remain and Capco is being painted with the same brush as other UK companies, so a share price recovery could be some way off.