Value and Indexed Property Income’s (VIP) “Buy” Rating Reiterated at Berenberg Bank

Berenberg Bank reaffirmed their buy rating on shares of Value and Indexed Property Income (LON:VIP) in a research note published on Monday, MarketBeat Ratings reports. They currently have a GBX 199 price target on the stock.

Separately, Shore Capital reissued a “house stock” rating on shares of Value and Indexed Property Income in a research report on Monday, November 17th. One equities research analyst has rated the stock with a Buy rating, Based on data from MarketBeat.com, the company currently has a consensus rating of “Buy” and an average target price of GBX 199.

Value and Indexed Property Income Stock Performance

Shares of VIP stock opened at GBX 198 on Monday. The company’s fifty day simple moving average is GBX 201.63 and its 200-day simple moving average is GBX 202.61. The company has a current ratio of 2.84, a quick ratio of 22.47 and a debt-to-equity ratio of 67.96. Value and Indexed Property Income has a 52 week low of GBX 168.50 and a 52 week high of GBX 219. The company has a market cap of £80.21 million, a PE ratio of 15.51 and a beta of 0.98.

Value and Indexed Property Income (LON:VIP) last issued its quarterly earnings data on Tuesday, November 18th. The company reported GBX 5.64 EPS for the quarter. Value and Indexed Property Income had a return on equity of 4.55% and a net margin of 73.71%. As a group, equities research analysts anticipate that Value and Indexed Property Income will post 1246.2897262 EPS for the current year.

About Value and Indexed Property Income

Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of small and mid cap companies. The fund also directly invests in commercial property.