Development Securities PLC (UAI) to Release Quarterly Earnings on Wednesday
Development Securities PLC (LON:UAI) will post its quarterly earnings results before the market opens on Wednesday, October 19th.
Development Securities PLC (LON:UAI) opened at 164.00 on Tuesday. The company’s 50-day moving average price is GBX 177.88 and its 200 day moving average price is GBX 176.90. The company’s market capitalization is GBX 204.93 million. Development Securities PLC has a 52 week low of GBX 140.00 and a 52 week high of GBX 258.00.
In related news, insider Shepherd ,Marcus acquired 3,013 shares of the business’s stock in a transaction that occurred on Thursday, August 11th. The shares were acquired at an average cost of GBX 165 ($2.01) per share, with a total value of £4,971.45 ($6,059.05). Also, insider Upton,Richard acquired 46,012 shares of the business’s stock in a transaction that occurred on Wednesday, August 10th. The stock was bought at an average cost of GBX 162 ($1.97) per share, for a total transaction of £74,539.44 ($90,846.36).
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A number of equities research analysts have recently weighed in on the company. Barclays PLC cut their price target on Development Securities PLC from GBX 300 ($3.66) to GBX 250 ($3.05) and set an “overweight” rating for the company in a research note on Thursday, July 7th. Peel Hunt reissued a “buy” rating and issued a GBX 200 ($2.44) price objective on shares of Development Securities PLC in a research note on Monday, September 19th. Finally, JPMorgan Chase & Co. cut their price objective on Development Securities PLC from GBX 245 ($2.99) to GBX 230 ($2.80) and set an “overweight” rating on the stock in a research note on Tuesday, September 6th.
About Development Securities PLC
U and I Group PLC, formerly Development Securities PLC, is a United Kingdom-based property regeneration company. The Company’s segments include Investment, which is engaged in the management of its investment property portfolio, generating rental income and valuation surpluses from property management; Development and trading, including management of its development and trading properties, and Operating, which consists of servicing of office operations.
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