Springfield Properties PLC 4.8% potential upside indicated by Peel Hunt Limited

Springfield Properties PLC with ticker (LON:SPR) now has a potential upside of 4.8% according to Peel Hunt Limited.



Peel Hunt Limited set a target price of 155 GBX for the company, which when compared to the Springfield Properties PLC share price of 148 GBX at opening today (02/12/2021) indicates a potential upside of 4.8%. Trading has ranged between 112 (52 week low) and 175 (52 week high) with an average of 46,821 shares exchanging hands daily. The market capitalisation at the time of writing is £149,362,120.

Springfield Properties PLC is a United Kingdom-based housing development company. The Company is focused on developing a mix of private and affordable housing in Scotland. The Company operates through two divisions: Private Housing and Affordable. The Affordable division’s operations focus on the development of land into stand-alone sites which consist entirely of affordable homes. The Private Housing division’s model primarily focuses on sourcing land in areas with high growth potential and, subsequently, to progress developments through the planning process. The Group also undertakes construction-only projects. The Company’s house types include Abercromby, Aberlour, Aboyne, Cromarty, Crossley Detached, Croy, Dallachy Alba, Dornoch Ff, Dunbar, Dunblane, Edzell, Fortrose, Glamis, Hawick 2, Huntly-Woodilee Village, Kemnay, and Lauder.