Standard Life Inv Prop Inc Trust Rating Increased to Neutral at Nomura (SLI)
Standard Life Inv Prop Inc Trust (LON:SLI) was upgraded by research analysts at Nomura to a “neutral” rating in a report released on Thursday, Analyst Ratings Network reports. The firm currently has a GBX 375 ($6.28) price target on the stock. Nomura’s price target suggests a potential upside of 415.46% from the company’s current price.
Standard Life Inv Prop Inc Trust (LON:SLI) opened at 72.475 on Thursday. Standard Life Inv Prop Inc Trust has a 1-year low of GBX 54.395 and a 1-year high of GBX 75.50. The stock’s 50-day moving average is GBX 0.72 and its 200-day moving average is GBX 0.68.
The company also recently declared a dividend, which is scheduled for Friday, February 21st. Investors of record on Wednesday, February 5th will be given a dividend of GBX 1.13 ($0.02) per share. This represents a yield of 1.52%. The ex-dividend date of this dividend is Wednesday, February 5th.
Separately, analysts at RBC Capital reiterated an “outperform” rating on shares of Standard Life Inv Prop Inc Trust in a research note on Wednesday. They now have a GBX 450 ($7.54) price target on the stock.
Standard Life Investments Property Income Trust Limited is a closed ended investment company. The principal activity of the Company is property investment with the objective of providing ordinary shareholders with a level of income along with the prospect of income and capital growth from investing on a diversified United Kingdom commercial property portfolio.
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