Impact Healthcare REIT PLC 13.5% potential upside indicated by Jefferies

Impact Healthcare REIT PLC with ticker (LON:IHR) now has a potential upside of 13.5% according to Jefferies.



Jefferies set a target price of 113 GBX for the company, which when compared to the Impact Healthcare REIT PLC share price of 100 GBX at opening today (07/06/2023) indicates a potential upside of 13.5%. Trading has ranged between 89 (52 week low) and 126 (52 week high) with an average of 401,849 shares exchanging hands daily. The market capitalisation at the time of writing is £414,368,200.

Impact Healthcare REIT PLC is a real estate investment trust. The Company provides shareholders with an attractive return, by investing in a diversified portfolio of United Kingdom healthcare real estate assets, in particular residential and nursing care homes. Its strategy is to identify new healthcare properties and tenants who diversify its portfolio and deliver economies of scale. It works with its tenants to implement asset management opportunities that benefit the tenant, residents and shareholders. Its objective is to provide shareholders with attractive and sustainable returns, in the form of quarterly dividends, while also generating growth in net asset values over the medium term. It acquires, owns, leases, renovates, extends and redevelops healthcare real estate assets in the United Kingdom, in particular elderly care homes, and to lease those assets to care home operators and other healthcare service providers. Its investment manager is Impact Health Partners LLP.