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PRS REIT plc Corrects Rental Growth Figures in First Quarter Update

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PRS REIT plc Corrects Rental Growth Figures in First Quarter Update

TipRanks Cyber Monday Sale

PRS REIT Plc ( (GB:PRSR) ) has issued an update.

PRS REIT plc announced a correction to its First Quarter Update, revealing that the like-for-like rental growth on stabilised sites over the year to 30 September 2025 was approximately 8%, not 5% as previously stated. The company’s performance in the first quarter of the financial year remained strong, with high occupancy rates and robust rent collection, underscoring positive prospects and a forthcoming update on its Strategic Review and Formal Sale Process.

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

The PRS REIT plc is a closed-ended real estate investment trust focused on investing in the Private Rented Sector (PRS) to provide shareholders with income and potential capital growth. The company has invested over £1 billion in a portfolio of high-quality homes for private rental across the UK and is listed on the London Stock Exchange’s Main Market. It is considered to have the largest build-to-rent single-family rental portfolio in the UK.

Average Trading Volume: 2,900,665

Technical Sentiment Signal: Strong Buy

Current Market Cap: £629.4M

See more insights into PRSR stock on TipRanks’ Stock Analysis page.

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