Value and Indexed Property Income (LON:VIP) Releases Quarterly Earnings Results

Value and Indexed Property Income (LON:VIP) released its quarterly earnings results on Wednesday. The company reported GBX 11.57 EPS for the quarter, Digital Look Earnings reports. The business had revenue of GBX 910 million during the quarter. Value and Indexed Property Income had a net margin of 50.02% and a return on equity of 5.23%.

Value and Indexed Property Income Stock Performance

VIP opened at GBX 207 on Wednesday. Value and Indexed Property Income has a 52-week low of GBX 180.50 and a 52-week high of GBX 219. The company has a quick ratio of 22.47, a current ratio of 10.28 and a debt-to-equity ratio of 57.78. The company has a market cap of £88.07 million, a P/E ratio of 16.21 and a beta of 0.89. The firm’s 50-day moving average price is GBX 203.35 and its 200-day moving average price is GBX 201.43.

Wall Street Analyst Weigh In

Several analysts have commented on the stock. Shore Capital Group reissued a “house stock” rating on shares of Value and Indexed Property Income in a research report on Friday, June 12th. Berenberg Bank reissued a “hold” rating and set a GBX 199 price target on shares of Value and Indexed Property Income in a research report on Friday, June 12th. One analyst has rated the stock with a Hold rating, According to data from MarketBeat.com, Value and Indexed Property Income currently has a consensus rating of “Hold” and a consensus price target of GBX 194.50.

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. It primarily invests in dividend paying stocks of small and mid cap companies. The fund also directly invests in commercial property.