Urban&Civic (UANC) Stock Rating Reaffirmed by J P Morgan Chase & Co
Urban&Civic (LON:UANC)‘s stock had its “overweight” rating reiterated by stock analysts at J P Morgan Chase & Co in a note issued to investors on Wednesday. They presently have a GBX 315 ($4.22) target price on the stock. J P Morgan Chase & Co’s target price points to a potential upside of 15.38% from the company’s previous close.
Urban&Civic (UANC) traded up GBX 1 ($0.01) during mid-day trading on Wednesday, hitting GBX 273 ($3.66). The company had a trading volume of 4,836 shares, compared to its average volume of 122,498. Urban&Civic has a twelve month low of GBX 189.75 ($2.54) and a twelve month high of GBX 280 ($3.75).
In related news, insider Ian Barlow bought 17,800 shares of the company’s stock in a transaction that occurred on Tuesday, November 28th. The shares were bought at an average price of GBX 275 ($3.68) per share, for a total transaction of £48,950 ($65,555.11).
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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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