Empiric Student Property PLC (ESP) Earns “Buy” Rating from Jefferies Group LLC
Empiric Student Property PLC (LON:ESP)‘s stock had its “buy” rating restated by equities research analysts at Jefferies Group LLC in a research note issued to investors on Friday. They currently have a GBX 125 ($1.59) target price on the stock. Jefferies Group LLC’s target price suggests a potential upside of 10.13% from the company’s current price.
Separately, Numis Securities Ltd reaffirmed an “add” rating and set a GBX 123 ($1.57) price objective on shares of Empiric Student Property PLC in a research report on Monday, April 10th.
Empiric Student Property PLC (LON:ESP) opened at 113.50 on Friday. The company has a 50 day moving average of GBX 1.05 and a 200-day moving average of GBX 1.05. The stock’s market capitalization is GBX 568.95 million. Empiric Student Property PLC has a one year low of GBX 99.00 and a one year high of GBX 119.25.
The business also recently disclosed a dividend, which was paid on Wednesday, May 31st. Stockholders of record on Thursday, May 18th were given a dividend of GBX 1.53 ($0.02) per share. The ex-dividend date of this dividend was Thursday, May 18th. This represents a dividend yield of 1.36%.
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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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