Numis Securities Reaffirms “Buy” Rating for Urban&Civic (UANC)

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Urban&Civic (LON:UANC)‘s stock had its “buy” rating reissued by equities researchers at Numis Securities in a research note issued on Friday.

Separately, Jefferies Financial Group initiated coverage on shares of Urban&Civic in a research report on Thursday, July 5th. They issued a “buy” rating and a GBX 388 ($5.01) price objective on the stock.

Urban&Civic stock opened at GBX 306 ($3.95) on Friday. Urban&Civic has a 52 week low of GBX 235 ($3.03) and a 52 week high of GBX 325 ($4.19).

In other Urban&Civic news, insider Ian Barlow acquired 20,000 shares of the firm’s stock in a transaction that occurred on Wednesday, July 11th. The shares were acquired at an average cost of GBX 304 ($3.92) per share, for a total transaction of £60,800 ($78,431.37).

About Urban&Civic

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; bespoke employment, retail, residential, and leisure projects; city center and commercial regional projects; and smaller-scale consented and de-risked residential sites.

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