Primary Health Properties PLC 5.5% potential upside indicated by Barclays

Primary Health Properties PLC with ticker (LON:PHP) now has a potential upside of 5.5% according to Barclays.



Barclays set a target price of 164 GBX for the company, which when compared to the Primary Health Properties PLC share price of 155 GBX at opening today (08/11/2021) indicates a potential upside of 5.5%. Trading has ranged between 138 (52 week low) and 170 (52 week high) with an average of 4,059,068 shares exchanging hands daily. The market capitalisation at the time of writing is £2,067,369,643.

Primary Health Properties PLC (PHP) is a United Kingdom-based real estate investment trust (REIT). The principal activity of the Company is the investment in primary healthcare property in the United Kingdom and the Republic of Ireland. It specializes in the ownership of freehold or long leasehold interests in purpose-built healthcare facilities, which are leased to general practitioners, government healthcare bodies and other associated healthcare users. Its portfolio comprises approximately 510 properties. The Company’s properties include St Catherine’s Health Centre, Birkenhead; Hope Family Medical Centre, Wrexham; Allesley Park Medical Centre, Coventry; Barcroft Medical Centre, Amesbury; Carnoustie Medical Group, Carnoustie; Dinays Powys Medical Centre, Dinas Powys; Appleby Primary Care Centre, Appleby-in-Westmorland, and Cedars Surgery, Deal.