Development Securities PLC’s Overweight Rating Reaffirmed at Barclays (DSC)
Development Securities PLC (LON:DSC)‘s stock had its “overweight” rating reiterated by equities researchers at Barclays in a research report issued on Wednesday. They currently have a GBX 274 ($4.67) price objective on the stock. Barclays’ price target indicates a potential upside of 28.19% from the company’s current price.
Shares of Development Securities PLC (LON:DSC) traded up 3.63% during mid-day trading on Wednesday, hitting GBX 221.50. 70,994 shares of the company’s stock traded hands. Development Securities PLC has a 1-year low of GBX 181.00 and a 1-year high of GBX 269.00. The stock has a 50-day moving average of GBX 232.2 and a 200-day moving average of GBX 241.2. The company’s market cap is £270.7 million.
Development Securities PLC is a holding company. The Company is engaged in property development, investment and trading.
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