Primary Health Properties PLC with ticker (LON:PHP) now has a potential upside of 15.1% according to JP Morgan.
JP Morgan set a target price of 105 GBX for the company, which when compared to the Primary Health Properties PLC share price of 91 GBX at opening today (14/03/2024) indicates a potential upside of 15.1%. Trading has ranged between 84 (52 week low) and 109 (52 week high) with an average of 2,700,631 shares exchanging hands daily. The market capitalisation at the time of writing is £1,230,910,953.
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.
Primary Health Properties PLC 15.1% potential upside indicated by JP Morgan
- Written by: Charlotte Edwards
Latest Company News
Primary Health Properties will publish interim results for the six months to 30 June 2025 on 24 July, followed by a live Capital Markets Update at Deutsche Numis and webcast featuring Sir Jeremy Hunt’s keynote and Q&A.
Primary Health Properties PLC achieved net rental income of £78.6 million, up 3.1%, with adjusted earnings per share rising 2.3% to 3.54 pence and a 2.9% dividend increase, as it advances its Assura merger and benefits from the NHS 10-Year Health Plan.
The amended terms of the PHP Offer introduce two key enhancements designed to appeal to Assura shareholders
Primary Health Properties PLC (LON:PHP) will host a Capital Markets Day in London on 16 October 2024, featuring site visits and presentations by its senior management team.
Primary Health Properties PLC (LON:PHP) appoints Dr Bina Rawal as Non-executive Director, bringing extensive healthcare experience to the Board.
