Empiric Student Property PLC (ESP) Rating Reiterated by Numis Securities Ltd
Empiric Student Property PLC (LON:ESP)‘s stock had its ” hold” rating reaffirmed by investment analysts at Numis Securities Ltd in a note issued to investors on Wednesday. They currently have a GBX 120 ($1.46) price objective on the stock. Numis Securities Ltd’s target price indicates a potential upside of 3.45% from the company’s previous close.
Separately, Jefferies Group reaffirmed a “buy” rating and set a GBX 125 ($1.52) price target on shares of Empiric Student Property PLC in a research report on Friday, August 19th.
Empiric Student Property PLC (LON:ESP) remained flat at GBX 116.00 during midday trading on Wednesday. The company’s stock had a trading volume of 343,546 shares. Empiric Student Property PLC has a 12-month low of GBX 99.00 and a 12-month high of GBX 119.25. The firm’s market capitalization is GBX 581.48 million. The stock has a 50 day moving average of GBX 4.20 and a 200-day moving average of GBX 4.16.
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The firm also recently announced a dividend, which will be paid on Thursday, November 10th. Shareholders of record on Thursday, October 27th will be issued a GBX 1.50 ($0.02) dividend. The ex-dividend date of this dividend is Thursday, October 27th. This represents a yield of 1.3%.
Empiric Student Property PLC Company Profile
Empiric Student Property plc is an internally managed real estate investment trust (REIT). The Company is engaged in investing in the purpose-built student accommodation in central locations in the university cities and towns in the United Kingdom. The Company is engaged in the acquisition, development and management of student accommodation assets in the United Kingdom.
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