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PRS REIT Plc ( (GB:PRSR) ) just unveiled an announcement.
The PRS REIT plc announced that Steffan Francis, a Non-executive Director, has sold 124,990 ordinary shares, reducing his total interest in the company to just 10 shares, which represents a negligible percentage of the total voting rights. This transaction, conducted on the London Stock Exchange, reflects a significant divestment by a key company figure, potentially impacting investor perceptions and signaling changes in internal confidence or strategy.
The most recent analyst rating on (GB:PRSR) stock is a Hold with a £1.15 price target. To see the full list of analyst forecasts on PRS REIT Plc stock, see the GB:PRSR Stock Forecast page.
Spark’s Take on GB:PRSR Stock
According to Spark, TipRanks’ AI Analyst, GB:PRSR is a Outperform.
PRS REIT Plc benefits from strong financial performance, with robust cash flows and a stable balance sheet. The technical analysis suggests neutral momentum, while its low valuation and attractive dividend yield provide significant upside potential. The strategic review and potential acquisition proposals further highlight potential for increased shareholder value, making the stock an attractive investment.
To see Spark’s full report on GB:PRSR stock, click here.
More about PRS REIT Plc
Average Trading Volume: 5,235,859
Technical Sentiment Signal: Strong Buy
Current Market Cap: £622.9M
Find detailed analytics on PRSR stock on TipRanks’ Stock Analysis page.