Beaufort Securities reaffirmed their buy rating on shares of Secure Property Development & Invest PLC (LON:SPDI) in a research note issued to investors on Wednesday. The firm currently has a GBX 34 ($0.44) target price on the stock.

Secure Property Development & Invest PLC (SPDI) opened at 15.50 on Wednesday. The stock’s market capitalization is GBX 16.06 million. The company’s 50-day moving average price is GBX 19.16 and its 200 day moving average price is GBX 17.99. Secure Property Development & Invest PLC has a 52-week low of GBX 13.64 and a 52-week high of GBX 22.50.

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In other Secure Property Development & Invest PLC news, insider Vagharshak Barseghyan purchased 35,484 shares of the stock in a transaction dated Friday, May 12th. The shares were acquired at an average price of GBX 35 ($0.46) per share, for a total transaction of £12,419.40 ($16,179.52).

Secure Property Development & Invest PLC Company Profile

Secure Property Development & Investment Plc is a Cyprus-based company, which is engaged in directly or indirectly investing and managing real estate properties. The Company is also engaged in real estate development projects in Central, East and South East Europe, which includes the acquisition, development, operation and selling of property assets.

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