PRS Reit PLC 8.7% potential upside indicated by Berenberg Bank

DirectorsTalk Interviews
[shareaholic app="share_buttons" id_name="post_below_content"]

PRS Reit PLC with ticker (LON:PRSR) now has a potential upside of 8.7% according to Berenberg Bank.



Berenberg Bank set a target price of 115 GBX for the company, which when compared to the PRS Reit PLC share price of 105 GBX at opening today (07/12/2021) indicates a potential upside of 8.7%. Trading has ranged between 75 (52 week low) and 112 (52 week high) with an average of 768,710 shares exchanging hands daily. The market capitalisation at the time of writing is £582,206,484.

PRS REIT PLC is a closed-ended real estate investment trust. The Company intends to qualify as a real estate investment trust (REIT). The Company seeks to invest in completed private rented sector (PRS) sites and PRS development sites. The REIT Group will only invest in private rented homes and apartments located in the UK (predominately in England). The Company’s properties includes Coral Mill, Newhey, Rochdale, Durban Mill, Oldham, Howe Bridge Mill, Atherton, Mackets Lane, Halewood, Liverpool, Mafeking Road, Smethwick, Birmingham, Norfolk Park, Park Grange Road, Sheffield, Silkin Park, Hinkshay Road, Telford, Our Lady’s Primary School and Little Hulton. The Company’s properties include two, three and four bedroom houses. The Mackets Lane, Halewood, Liverpool property includes approximately 50 houses with a mix of two, three and four bedroom houses. Sigma Capital Group plc is the investmenat advisor of the Company.



Twitter
LinkedIn
Facebook
Email
Reddit
Telegram
WhatsApp
Pocket
Find more news, interviews, share price & company profile here for:

      Search

      Search