Primary Health Properties PLC with ticker (LON:PHP) now has a potential upside of 2.6% according to Berenberg Bank.
PHP.L
Berenberg Bank set a target price of 103 GBX for the company, which when compared to the Primary Health Properties PLC share price of 100 GBX at opening today (06/09/2024) indicates a potential upside of 2.6%. Trading has ranged between 84 (52 week low) and 109 (52 week high) with an average of 2,941,978 shares exchanging hands daily. The market capitalisation at the time of writing is £1,324,084,689.
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 Primrose Lane Medical Centre, Scotland; Pinfold Health Centre, Bloxwich; St Johns Medical Centre, Walsall Wood; Kilnamanagh Primary Care Centre, Republic of Ireland; Leap Valley Medical Centre, Bristol; Gracemount Medical Centre, Edinburgh; White Rose Medical Centre, New Tredegar; Old Kilpatrick Medical Practice, Glasgow; Watlington Medical Centre, Watlington; Horley Health Centre, Horley; The Manor Practice, Brighton; Barlow Medical Centre, Manchester; West Derby Medical Centre, North West; among others.
Primary Health Properties PLC 2.6% potential upside indicated by Berenberg Bank
- Written by: Charlotte Edwards
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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.
