Barclays restated their equal weight rating on shares of PRS REIT (LON:PRSR – Get Rating) in a research report report published on Monday, MarketBeat reports. They currently have a GBX 95 ($1.20) price objective on the stock.
Separately, Berenberg Bank cut PRS REIT to a hold rating and set a GBX 115 ($1.45) target price for the company. in a report on Tuesday, April 19th.
PRSR stock opened at GBX 107.80 ($1.36) on Monday. The company has a current ratio of 0.92, a quick ratio of 0.92 and a debt-to-equity ratio of 56.22. The firm has a market capitalization of £592.09 million and a PE ratio of 8.76. PRS REIT has a 1-year low of GBX 97 ($1.22) and a 1-year high of GBX 114 ($1.43). The business’s 50 day simple moving average is GBX 107.98 and its 200 day simple moving average is GBX 105.58.
About PRS REIT (Get Rating)
The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector and to provide shareholders with an attractive level of income together with the potential for capital and income growth. The Company is investing £0.9bn in a portfolio of high quality homes for private rental across the regions, having raised a total of £500m (gross) through its Initial Public Offering, on 31 May 2017, and a subsequent placing in February 2018.
- Should Dollar General or Dollar Tree Give Investors a Case of FOMO?
- Genesco Pops On Earnings But Don’t Expect A Rally
- The Insiders Are Selling Movado Group, But You Shouldn’t
- Beware The Rebound In Retail Stocks
- It’s A Good Time To Own Ralph Lauren (NYSE: RL)
Receive News & Ratings for PRS REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for PRS REIT and related companies with MarketBeat.com's FREE daily email newsletter.