Primary Health Properties PLC 13.2% potential upside indicated by Berenberg Bank

Primary Health Properties PLC with ticker (LON:PHP) now has a potential upside of 13.2% according to Berenberg Bank.



Berenberg Bank set a target price of 103 GBX for the company, which when compared to the Primary Health Properties PLC share price of 91 GBX at opening today (22/02/2024) indicates a potential upside of 13.2%. Trading has ranged between 84 (52 week low) and 112 (52 week high) with an average of 3,535,441 shares exchanging hands daily. The market capitalisation at the time of writing is £1,218,214,301.

Primary Health Properties PLC is a United Kingdom-based real estate investment trust (REIT). The Company invests primary in healthcare accommodation across the United Kingdom and Ireland leased principally to GPs, government healthcare organizations and other associated healthcare users. The Company provides a range of services, including acquisition and development, property management, landlord and tenant, asset management, and finance. Its property portfolio includes Lanark Medical Centre, Lanark; Bower Mount Medical Practice; Shakespeare Medical Centre, Basingstoke; Cloughmore Medical Centre, Cloughmore; Regent Gardens Surgery, Kirkintilloch; Beacon Centre for Health, Swansea; Silk House, Macclesfield; Swindon NHS Health Centre; Dinas Powys Medical Centre, Dinas Powys; Syston Health Centre, Leicester; Loudoun Medical Centre; Pontesbury Medical Centre, Pontesbury; St Catherine’s Health Centre, Birkenhead; Fountains Health Centre, Chester, and Mary Seacole Centre, Clapham.