Development Securities PLC (UAI) Set to Announce Earnings on Wednesday
Development Securities PLC (LON:UAI) is scheduled to post its quarterly earnings results before the market opens on Wednesday, October 19th.
Shares of Development Securities PLC (LON:UAI) opened at 163.80 on Monday. Development Securities PLC has a one year low of GBX 140.00 and a one year high of GBX 258.00. The company’s market capitalization is GBX 204.68 million. The stock has a 50 day moving average price of GBX 177.88 and a 200 day moving average price of GBX 176.90.
Several research firms recently issued reports on UAI. Barclays PLC cut their target price on Development Securities PLC from GBX 300 ($3.71) to GBX 250 ($3.09) and set an “overweight” rating on the stock in a research report on Thursday, July 7th. Peel Hunt reissued a “buy” rating and issued a GBX 200 ($2.48) target price on shares of Development Securities PLC in a research report on Monday, September 19th. Finally, JPMorgan Chase & Co. cut their target price on Development Securities PLC from GBX 245 ($3.03) to GBX 230 ($2.85) and set an “overweight” rating on the stock in a research report on Tuesday, September 6th.
In related news, insider Shepherd ,Marcus purchased 3,013 shares of the business’s stock in a transaction on Thursday, August 11th. The shares were bought at an average cost of GBX 165 ($2.04) per share, with a total value of £4,971.45 ($6,152.78). Also, insider Upton,Richard purchased 46,012 shares of the business’s stock in a transaction on Wednesday, August 10th. The shares were bought at an average cost of GBX 162 ($2.00) per share, for a total transaction of £74,539.44 ($92,251.78).
About Development Securities PLC
U and I Group PLC, formerly Development Securities PLC, is a United Kingdom-based property regeneration company. The Company’s segments include Investment, which is engaged in the management of its investment property portfolio, generating rental income and valuation surpluses from property management; Development and trading, including management of its development and trading properties, and Operating, which consists of servicing of office operations.
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