Residential Secure Income PLC (RESI) Coverage Initiated at Jefferies Group LLC

Equities research analysts at Jefferies Group LLC began coverage on shares of Residential Secure Income PLC (LON:RESI) in a report released on Friday. The brokerage set a “buy” rating and a GBX 115 ($1.49) price target on the stock. Jefferies Group LLC’s price objective points to a potential upside of 14.43% from the company’s previous close.

Residential Secure Income PLC (LON:RESI) opened at 100.50 on Friday. The firm’s market cap is GBX 181.11 million. Residential Secure Income PLC has a one year low of GBX 100.00 and a one year high of GBX 101.25.

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In related news, insider Robert Blackburn Gray bought 75,000 shares of the business’s stock in a transaction that occurred on Wednesday, July 12th. The stock was purchased at an average cost of GBX 100 ($1.29) per share, for a total transaction of £75,000 ($96,861.68).

Residential Secure Income PLC Company Profile

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