Empiric Student Property PLC 22.6% potential upside indicated by Peel Hunt LLP

Empiric Student Property PLC with ticker (LON:ESP) now has a potential upside of 22.6% according to Peel Hunt LLP.



Peel Hunt LLP set a target price of 115 GBX for the company, which when compared to the Empiric Student Property PLC share price of 89 GBX at opening today (08/11/2021) indicates a potential upside of 22.6%. Trading has ranged between 55 (52 week low) and 103 (52 week high) with an average of 1,395,477 shares exchanging hands daily. The market capitalisation at the time of writing is £533,030,580.

Empiric Student Property plc is an internally managed real estate investment trust (REIT). The Company is engaged in investing in the purpose-built student accommodation in central locations in the university cities and towns in the United Kingdom. The Company is engaged in the acquisition, development and management of student accommodation assets in the United Kingdom. It owns or contracts approximately 70 assets (over 7,400 beds) in approximately 30 cities and towns. The Company has over 10 development assets (approximately 1,730 beds). The Company has an operating and marketing platform, Hello Student. Its investment portfolio includes operational assets, which are the properties that the Company lets, and development assets, which are the properties being built under forward funded agreements with developers. Its investment portfolio includes Centro Court, Brook Apartments and Edge Apartments. Its development portfolio includes James House, Windsor House and Claremont House.