Value and Indexed Property Income (LON:VIP) Stock Price Expected to Rise, Berenberg Bank Analyst Says

Value and Indexed Property Income (LON:VIP) had its price target boosted by equities researchers at Berenberg Bank from GBX 199 to GBX 207 in a research note issued on Thursday,Digital Look reports. The brokerage currently has a “hold” rating on the stock. Berenberg Bank’s price objective would suggest a potential downside of 2.06% from the stock’s current price.

Separately, Shore Capital Group reissued a “house stock” rating on shares of Value and Indexed Property Income in a research note on Friday, June 12th. One investment analyst has rated the stock with a Hold rating, Based on data from MarketBeat, the stock presently has a consensus rating of “Hold” and an average target price of GBX 198.50.

Value and Indexed Property Income Trading Up 3.9%

Shares of Value and Indexed Property Income stock opened at GBX 211.35 on Thursday. The company has a quick ratio of 22.47, a current ratio of 10.28 and a debt-to-equity ratio of 57.78. Value and Indexed Property Income has a 12-month low of GBX 180.50 and a 12-month high of GBX 219. The company has a market capitalization of £89.92 million, a price-to-earnings ratio of 16.55 and a beta of 0.89. The firm’s 50-day moving average price is GBX 204.32 and its two-hundred day moving average price is GBX 201.64.

Value and Indexed Property Income (LON:VIP) last issued its earnings results on Wednesday, June 17th. The company reported GBX 11.57 EPS for the quarter. The company had revenue of GBX 910 million during the quarter. Value and Indexed Property Income had a net margin of 50.02% and a return on equity of 5.23%. On average, analysts forecast that Value and Indexed Property Income will post 1246.2897262 earnings per share for the current fiscal year.

About Value and Indexed Property Income

Value and Income Trust plc is a closed-ended equity mutual fund launched by Value & Income Services Limited. The fund is co-managed by OLIM Ltd. and OLIM Property Limited. It invests in the public equity markets of the United Kingdom. The fund also invests in convertible securities. It seeks to invest in stocks of companies operating across diversified sectors. It primarily invests in dividend paying stocks of small and mid cap companies. The fund also directly invests in commercial property.