Shore Capital Group Reaffirms House Stock Rating for Value and Indexed Property Income (LON:VIP)

Value and Indexed Property Income (LON:VIP)‘s stock had its “house stock” rating reaffirmed by equities research analysts at Shore Capital Group in a research report issued to clients and investors on Wednesday,London Stock Exchange reports. They presently have a GBX 190 price objective on the stock. Shore Capital Group’s price objective suggests a potential downside of 3.98% from the company’s previous close.

Separately, Berenberg Bank reiterated a “buy” rating and set a GBX 199 target price on shares of Value and Indexed Property Income in a research note on Monday, January 26th. One equities research analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the company presently has a consensus rating of “Buy” and an average target price of GBX 194.50.

Value and Indexed Property Income Stock Performance

VIP stock opened at GBX 197.88 on Wednesday. The stock’s 50 day simple moving average is GBX 198.88 and its 200 day simple moving average is GBX 199.45. Value and Indexed Property Income has a 12-month low of GBX 168.50 and a 12-month high of GBX 219. The firm has a market cap of £80.16 million, a P/E ratio of 15.50 and a beta of 0.80. The company has a current ratio of 5.14, a quick ratio of 22.47 and a debt-to-equity ratio of 55.10.

Value and Indexed Property Income Company Profile

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.