Empiric Student Property PLC (ESP) Earns Hold Rating from Numis Securities Ltd
Empiric Student Property PLC (LON:ESP)‘s stock had its “hold” rating restated by stock analysts at Numis Securities Ltd in a research report issued on Wednesday. They currently have a GBX 120 ($1.46) target price on the stock. Numis Securities Ltd’s target price would indicate a potential upside of 3.45% from the stock’s current price.
Separately, Jefferies Group restated a “buy” rating and issued a GBX 125 ($1.52) price target on shares of Empiric Student Property PLC in a research note on Friday, August 19th.
Shares of Empiric Student Property PLC (LON:ESP) traded down 0.22% on Wednesday, reaching GBX 115.75. 344,572 shares of the company traded hands. The company’s market capitalization is GBX 580.23 million. The firm’s 50 day moving average is GBX 4.20 and its 200 day moving average is GBX 4.16. Empiric Student Property PLC has a one year low of GBX 99.00 and a one year high of GBX 119.25.
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The company also recently disclosed a dividend, which will be paid on Thursday, November 10th. Shareholders of record on Thursday, October 27th will be given a dividend of GBX 1.50 ($0.02) per share. This represents a yield of 1.3%. The ex-dividend date is Thursday, October 27th.
About Empiric Student Property PLC
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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