Urban&Civic (UANC) Now Covered by Numis Securities
Analysts at Numis Securities assumed coverage on shares of Urban&Civic (LON:UANC) in a research note issued on Tuesday. The firm set a “buy” rating and a GBX 400 ($5.38) price target on the stock. Numis Securities’ price objective would suggest a potential upside of 42.86% from the company’s current price.
Separately, J P Morgan Chase & Co restated an “overweight” rating and set a GBX 315 ($4.24) price objective on shares of Urban&Civic in a report on Wednesday, November 22nd.
Shares of Urban&Civic (LON:UANC) opened at GBX 280 ($3.77) on Tuesday. Urban&Civic has a fifty-two week low of GBX 207 ($2.79) and a fifty-two week high of GBX 280 ($3.77).
In other Urban&Civic news, insider Ian Barlow acquired 17,800 shares of the firm’s stock in a transaction dated Tuesday, November 28th. The shares were acquired at an average price of GBX 275 ($3.70) per share, for a total transaction of £48,950 ($65,881.56).
Urban&Civic plc invests in and develops real estate properties in the United Kingdom. It operates through two segments, Strategic Land and Commercial Property Development. It develops brownfield areas of land for mixed-use housing led projects; commercial properties, such as bespoke employment, retail, residential, and leisure projects; and commercial and city center sites residential projects, as well as develops smaller-scale consented and de-risked residential sites.
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