Town Centre Securities (TOWN) Given “Buy” Rating at Liberum Capital

Town Centre Securities (LON:TOWN)‘s stock had its “buy” rating reissued by investment analysts at Liberum Capital in a research note issued on Monday, January 22nd. They currently have a GBX 340 ($4.70) price objective on the stock. Liberum Capital’s price target points to a potential upside of 22.74% from the company’s previous close.

Shares of Town Centre Securities (LON TOWN) remained flat at $GBX 277 ($3.83) during midday trading on Monday. 2,573 shares of the stock were exchanged, compared to its average volume of 5,376. Town Centre Securities has a 1-year low of GBX 266 ($3.68) and a 1-year high of GBX 318.75 ($4.40). The company has a market capitalization of $149.97 and a price-to-earnings ratio of 2,130.77.

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Town Centre Securities Company Profile

Town Centre Securities PLC is the United Kingdom-based property investment and development company. The Company is engaged in the property investment, development and trading, and the provision of car parking. The Company operates through two segments: property rental and car park operations. The Company has a portfolio around the United Kingdom, which consists of retail and office accommodation with over 900,000 square feet of retail space and over 360,000 square feet of prime office space.

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