Value and Indexed Property Income (LON:VIP) Earns Buy Rating from Berenberg Bank

Key Points

• Berenberg Bank has restated its "buy" rating for Value and Indexed Property Income (LON:VIP) with a target price of GBX 225 ($2.99), indicating a potential upside of 7.04% from its current stock price.
• On Monday, the stock opened at GBX 210.20 ($2.79) and has shown a 1.1% increase in value.
• Value and Indexed Property Income reported earnings per share of GBX 7.35 ($0.10) for the last quarter, with a remarkable net margin of 73.71%.

Value and Indexed Property Income (LON:VIP - Get Free Report)'s stock had its "buy" rating restated by analysts at Berenberg Bank in a research note issued on Monday, Marketbeat Ratings reports. They currently have a GBX 225 ($2.99) target price on the stock. Berenberg Bank's price objective would suggest a potential upside of 7.04% from the company's current price.

Value and Indexed Property Income Stock Up 1.1%

VIP stock opened at GBX 210.20 ($2.79) on Monday. The firm has a 50 day moving average of GBX 203.81 and a 200 day moving average of GBX 193.84. The stock has a market capitalization of £90.06 million, a PE ratio of 21.45 and a beta of 0.98. The company has a quick ratio of 22.47, a current ratio of 2.84 and a debt-to-equity ratio of 67.96. Value and Indexed Property Income has a 52 week low of GBX 168.50 ($2.24) and a 52 week high of GBX 219 ($2.91).

Value and Indexed Property Income (LON:VIP - Get Free Report) last posted its quarterly earnings results on Wednesday, June 11th. The company reported GBX 7.35 ($0.10) earnings per share (EPS) for the quarter. Value and Indexed Property Income had a net margin of 73.71% and a return on equity of 4.55%. Sell-side analysts forecast that Value and Indexed Property Income will post 1246.2897262 earnings per share for the current 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.

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