Peel Hunt restated their buy rating on shares of Development Securities PLC (LON:UAI) in a report issued on Monday. They currently have a GBX 200 ($2.61) target price on the stock.

UAI has been the topic of several other reports. Barclays PLC dropped their price target on Development Securities PLC from GBX 300 ($3.92) to GBX 250 ($3.26) and set an overweight rating on the stock in a research report on Thursday, July 7th. JPMorgan Chase & Co. dropped their price target on Development Securities PLC from GBX 245 ($3.20) to GBX 230 ($3.00) and set an overweight rating on the stock in a research report on Tuesday, September 6th.

Development Securities PLC (LON:UAI) opened at 187.00 on Monday. Development Securities PLC has a 52-week low of GBX 140.00 and a 52-week high of GBX 269.50. The firm’s market capitalization is GBX 233.67 million. The company’s 50-day moving average price is GBX 172.30 and its 200 day moving average price is GBX 178.73.

In other Development Securities PLC news, insider Upton,Richard purchased 46,012 shares of the company’s stock in a transaction that occurred on Wednesday, August 10th. The shares were purchased at an average cost of GBX 162 ($2.11) per share, with a total value of £74,539.44 ($97,297.27). Also, insider Shepherd ,Marcus purchased 3,013 shares of the company’s stock in a transaction that occurred on Thursday, August 11th. The shares were acquired at an average cost of GBX 165 ($2.15) per share, for a total transaction of £4,971.45 ($6,489.30).

Development Securities PLC Company Profile

U and I Group PLC, formerly Development Securities PLC, is a United Kingdom-based property regeneration company. The Company’s segments include Investment, which is engaged in the management of its investment property portfolio, generating rental income and valuation surpluses from property management; Development and trading, including management of its development and trading properties, and Operating, which consists of servicing of office operations.

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