Empiric Student Property (LON:ESP)‘s stock had its “buy” rating restated by equities researchers at Jefferies Group in a research report issued to clients and investors on Thursday. They currently have a GBX 110 ($1.49) price objective on the stock. Jefferies Group’s target price points to a potential upside of 25.28% from the stock’s current price.
Separately, Numis Securities restated a “hold” rating and set a GBX 91 ($1.23) price target on shares of Empiric Student Property in a research note on Tuesday, December 12th.
Shares of Empiric Student Property (LON ESP) traded down GBX 0.50 ($0.01) during trading on Thursday, reaching GBX 87.80 ($1.19). 872,485 shares of the company’s stock were exchanged, compared to its average volume of 931,088. The company has a market capitalization of $529.34 and a P/E ratio of 1,463.33. Empiric Student Property has a fifty-two week low of GBX 82.50 ($1.12) and a fifty-two week high of GBX 116 ($1.57).
About Empiric Student Property
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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