Triple Point Social Housing REIT (LON:SOHO – Get Free Report)‘s stock had its “buy” rating reaffirmed by analysts at Jefferies Financial Group in a research note issued to investors on Monday,Digital Look reports. They currently have a GBX 82 price target on the stock. Jefferies Financial Group’s price target points to a potential upside of 10.52% from the company’s current price.
Triple Point Social Housing REIT Price Performance
Shares of LON:SOHO opened at GBX 74.19 on Monday. The company’s fifty day moving average is GBX 72.78 and its two-hundred day moving average is GBX 72.03. The company has a market cap of £291.92 million, a P/E ratio of 97.62 and a beta of 0.56. Triple Point Social Housing REIT has a 12-month low of GBX 64.80 and a 12-month high of GBX 78.70. The company has a quick ratio of 10.82, a current ratio of 795.98 and a debt-to-equity ratio of 70.98.
Insiders Place Their Bets
In other Triple Point Social Housing REIT news, insider Jos Short purchased 310,345 shares of the company’s stock in a transaction that occurred on Wednesday, June 17th. The shares were purchased at an average cost of GBX 73 per share, with a total value of £226,551.85. Insiders own 0.06% of the company’s stock.
Triple Point Social Housing REIT Company Profile
Social Housing REIT seeks to address the ongoing housing crisis by investing in the UK social housing sector, providing sustainable high-quality homes which have been adapted for vulnerable adults with long-term care and support needs including mental health issues, learning disabilities, or physical and sensory impairment.
We believe our residents deserve a home that offers greater independence than institutional accommodation, at the same time as meeting their specialist care needs. Our ambition is to be the leading UK Supported Housing investor, helping guarantee secure futures for people in need across the country, while ensuring that our shareholders have an ethical, solid, long-term income source.
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