Empiric Student Property PLC (ESP) Receives “Buy” Rating from Jefferies Group LLC
Empiric Student Property PLC (LON:ESP)‘s stock had its “buy” rating reaffirmed by equities researchers at Jefferies Group LLC in a report released on Friday. They currently have a GBX 125 ($1.69) price target on the stock. Jefferies Group LLC’s target price points to a potential upside of 23.46% from the company’s current price.
Separately, Numis Securities Ltd restated a “hold” rating and issued a GBX 115 ($1.55) target price on shares of Empiric Student Property PLC in a report on Tuesday, September 12th.
Shares of Empiric Student Property PLC (LON:ESP) traded down 0.49% during mid-day trading on Friday, reaching GBX 101.25. 685,396 shares of the company’s stock traded hands. The firm has a 50-day moving average price of GBX 1.06 and a 200-day moving average price of GBX 1.06. The company’s market capitalization is GBX 507.55 million. Empiric Student Property PLC has a 1-year low of GBX 1.01 and a 1-year high of GBX 119.25.
In other Empiric Student Property PLC news, insider Paul Hadaway purchased 46,000 shares of the company’s stock in a transaction on Thursday, September 14th. The shares were bought at an average cost of GBX 107 ($1.44) per share, with a total value of £49,220 ($66,361.06). Also, insider Timothy Attlee sold 130,521 shares of Empiric Student Property PLC stock in a transaction that occurred on Wednesday, August 16th. The stock was sold at an average price of GBX 112 ($1.51), for a total value of £146,183.52 ($197,092.52).
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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