Berenberg Bank Lowers Value and Indexed Property Income (LON:VIP) Price Target to GBX 199

Value and Indexed Property Income (LON:VIP) had its price objective reduced by Berenberg Bank from GBX 200 to GBX 199 in a report released on Monday, Marketbeat.com reports. The brokerage presently has a “hold” rating on the stock. Berenberg Bank’s price target would suggest a potential upside of 3.65% from the stock’s previous close.

Value and Indexed Property Income Stock Up 1.2%

Value and Indexed Property Income stock opened at GBX 192 on Monday. Value and Indexed Property Income has a 1-year low of GBX 168.50 and a 1-year high of GBX 219. The business has a fifty day moving average price of GBX 198.68 and a 200-day moving average price of GBX 202.05. The company has a debt-to-equity ratio of 67.96, a current ratio of 2.84 and a quick ratio of 22.47. The stock has a market capitalization of £80.66 million, a price-to-earnings ratio of 13.43 and a beta of 0.98.

Value and Indexed Property Income (LON:VIP) last released its quarterly earnings results on Tuesday, November 18th. The company reported GBX 5.64 EPS for the quarter. Value and Indexed Property Income had a return on equity of 4.55% and a net margin of 73.71%. Equities research analysts forecast that Value and Indexed Property Income will post 1246.2897262 EPS for the current fiscal year.

Value and Indexed Property Income Company Profile

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.