Town Centre Securities (TOWN) Receives Buy Rating from Peel Hunt
Peel Hunt restated their buy rating on shares of Town Centre Securities (LON:TOWN) in a research report sent to investors on Tuesday, ThisIsMoney.Co.Uk reports.
Separately, Liberum Capital initiated coverage on Town Centre Securities in a report on Monday, January 21st. They issued a buy rating and a GBX 340 ($4.44) target price for the company.
Shares of TOWN stock opened at GBX 211 ($2.76) on Tuesday. The company has a market capitalization of $111.97 million and a price-to-earnings ratio of -40.58. The company has a quick ratio of 1.12, a current ratio of 1.12 and a debt-to-equity ratio of 97.53. Town Centre Securities has a fifty-two week low of GBX 202 ($2.64) and a fifty-two week high of GBX 296 ($3.87).
In other Town Centre Securities news, insider Michael Ziff sold 100,000 shares of Town Centre Securities stock in a transaction that occurred on Thursday, March 7th. The stock was sold at an average price of GBX 219 ($2.86), for a total value of £219,000 ($286,162.29).
Town Centre Securities Company Profile
Town Centre Securities PLC (TCS) is a leading UK property investment & development company with property assets of over £400 million. With more than 50 years' experience, a commitment to sustainable development and a reputation for quality & innovation, TCS create outstanding mixed use developments close to transport hubs in Leeds, Manchester, Glasgow and London.
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