▲ +8.22% Upside Potential
This price target is based on 5 analysts offering 12 month price targets for Primary Health Properties in the last 3 months. The average price target is GBX 170.33, with a high forecast of GBX 184 and a low forecast of GBX 155. The average price target represents a 8.22% upside from the last price of GBX 157.40.
The current consensus among 5 investment analysts is to hold stock in Primary Health Properties. This rating has held steady since April 2021, when it changed from a Buy consensus rating.
Primary Health Properties (PHP) is the leading investor in modern healthcare properties in the UK & Ireland. PHP is a UK based Real Estate Investment Trust (REIT) with a clear objective to create progressive returns to shareholders through a combination of earnings growth and capital appreciation. PHP achieve this by investing in healthcare real estate let on long-term leases, backed by a secure underlying covenant funded mostly by government bodies. The Group's portfolio comprises over 480 primary healthcare facilities, both completed and committed, the majority of which are GP surgeries, with other properties let to NHS organisations, pharmacies and dentists.