Impact Healthcare REIT PLC 12.3% potential upside indicated by RBC Capital Markets

Impact Healthcare REIT PLC with ticker (LON:IHR) now has a potential upside of 12.3% according to RBC Capital Markets.



RBC Capital Markets set a target price of 135 GBX for the company, which when compared to the Impact Healthcare REIT PLC share price of 118 GBX at opening today (13/04/2022) indicates a potential upside of 12.3%. Trading has ranged between 106 (52 week low) and 124 (52 week high) with an average of 700,696 shares exchanging hands daily. The market capitalisation at the time of writing is £456,706,457.

Impact Healthcare REIT plc is a United Kingdom-based real estate investment trust (REIT). The Company invests in a diversified portfolio of United Kingdom-based healthcare real estate assets. It focuses particularly on residential and nursing care homes that provide social care infrastructure for elderly people. The Company’s investment objective is to provide shareholders with sustainable returns, primarily in the form of quarterly dividends. It also focused to generate growth in net asset values over the medium term. Its investment policy is to acquire, own, lease, renovate, extend and redevelop healthcare real estate assets in the United Kingdom, which includes care homes, and to lease those assets to care home operators and other healthcare service providers, under full repairing and insuring leases. The Company’s investment manager is Impact Health Partners LLP.