Liberum Capital Reaffirms “Buy” Rating for Town Centre Securities Plc (TOWN)
Liberum Capital restated their buy rating on shares of Town Centre Securities Plc (LON:TOWN) in a report issued on Wednesday. Liberum Capital currently has a GBX 325 ($4.33) price objective on the stock.
Town Centre Securities Plc (LON:TOWN) opened at 317.00 on Wednesday. The stock has a 50 day moving average price of GBX 301.42 and a 200 day moving average price of GBX 301.37. Town Centre Securities Plc has a 52-week low of GBX 264.00 and a 52-week high of GBX 336.75. The company’s market capitalization is GBX 168.88 million.
The business also recently declared a dividend, which will be paid on Wednesday, January 4th. Investors of record on Thursday, December 1st will be paid a GBX 7.90 ($0.11) dividend. This is a boost from Town Centre Securities Plc’s previous dividend of $3.10. This represents a dividend yield of 2.48%. The ex-dividend date is Thursday, December 1st.
In related news, insider Syers ,Duncan Sinclair purchased 3,508 shares of the business’s stock in a transaction that occurred on Tuesday, June 28th. The stock was acquired at an average cost of GBX 284 ($3.78) per share, for a total transaction of £9,962.72 ($13,269.47).
About Town Centre Securities Plc
Town Centre Securities PLC is the United Kingdom-based property investment and development company. The Company is engaged in the property investment, development and trading, and the provision of car parking. The Company operates through two segments: property rental and car park operations. The Company has a portfolio around the United Kingdom, comprising of retail and office accommodation over 900,000 square feet of retail space and over 360,000 square feet of prime office space.
Receive News & Ratings for Town Centre Securities Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Town Centre Securities Plc and related companies with Analyst Ratings Network's FREE daily email newsletter.