TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
PRS REIT Plc ( (GB:PRSR) ) has issued an update.
The PRS REIT plc has provided an update on its strategic review and formal sale process, which began in October 2024. After engaging with potential buyers, the company received a non-binding proposal from Long Harbour to acquire PRS REIT at 115 pence per share, though no superior offers have been made. The board continues to explore options to maximize shareholder value and plans to consult with shareholders before providing a further update by the end of July 2025.
The most recent analyst rating on (GB:PRSR) stock is a Hold with a £1.02 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 the Private Rented Sector (PRS), aiming to provide shareholders with attractive income levels and potential growth. The company has invested over £1 billion in high-quality homes for private rental across the UK, supported by the UK Government’s Homes England. It is listed on the London Stock Exchange’s Main Market and is part of the FTSE 250 Index, boasting the largest build-to-rent single-family rental portfolio in the UK with 5,443 homes as of March 2025.
Average Trading Volume: 1,363,783
Technical Sentiment Signal: Buy
Current Market Cap: £617.4M
Find detailed analytics on PRSR stock on TipRanks’ Stock Analysis page.