Triple Point Social Housing REIT (LON:SOHO – Get Free Report)‘s stock had its “buy” rating restated by stock analysts at Jefferies Financial Group in a research report issued on Monday,Digital Look reports. They presently have a GBX 82 price objective on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 10.52% from the company’s previous close.
Triple Point Social Housing REIT Stock Down 0.8%
SOHO stock opened at GBX 74.19 on Monday. The firm has a market cap of £291.92 million, a PE 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 debt-to-equity ratio of 70.98, a current ratio of 795.98 and a quick ratio of 10.82. The firm has a 50 day simple moving average of GBX 72.78 and a 200 day simple moving average of GBX 72.03.
Insider Activity at Triple Point Social Housing REIT
In related 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 price of GBX 73 per share, with a total value of £226,551.85. 0.06% of the stock is currently owned by corporate insiders.
About Triple Point Social Housing REIT
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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