Empiric Student Property Increases Share Capital

Empiric Student Property ( (GB:ESP) ) has shared an update.

Empiric Student Property plc has announced an increase in its issued share capital to 664,174,995 Ordinary Shares following the issuance of 52,460 shares under the Company’s SAYE Option Plan. This adjustment impacts the calculation of notifiable interests for shareholders under the FCA’s Disclosure Guidance and Transparency Rules, reflecting the company’s ongoing commitment to its growth and operational strategies.

The most recent analyst rating on (GB:ESP) stock is a Hold with a £100.00 price target. To see the full list of analyst forecasts on Empiric Student Property stock, see the GB:ESP Stock Forecast page.

Spark’s Take on GB:ESP Stock

According to Spark, TipRanks’ AI Analyst, GB:ESP is a Neutral.

Empiric Student Property’s overall stock score reflects a mix of solid financial performance and positive corporate events, counterbalanced by bearish technical indicators. The company’s strong financial health and strategic growth initiatives are promising, but current market momentum suggests caution. The valuation is reasonable, supported by a healthy dividend yield, but not compelling enough to offset the technical weaknesses.

To see Spark’s full report on GB:ESP stock, click here.

More about Empiric Student Property

Empiric Student Property plc is a leading provider and operator of modern, premium student accommodation primarily serving key UK universities. The company focuses on direct-let, studio-led accommodations through its Hello Student platform, targeting affluent student segments. Empiric is an internally managed real estate investment trust (REIT) listed on the London Stock Exchange since June 2014.

Average Trading Volume: 2,887,698

Technical Sentiment Signal: Buy

Current Market Cap: £609M

Find detailed analytics on ESP stock on TipRanks’ Stock Analysis page.