Insider Selling: Prs Reit (LON:PRSR) Insider Sells £142,488.60 in Stock

Prs Reit (LON:PRSR) insider David Steffan Francis sold 124,990 shares of the stock in a transaction on Monday, December 8th. The stock was sold at an average price of GBX 114, for a total value of £142,488.60.

Prs Reit Stock Performance

Shares of PRSR opened at GBX 113.40 on Friday. The stock has a market capitalization of £622.85 million, a P/E ratio of 8.10, a P/E/G ratio of 0.34 and a beta of 0.55. The company’s fifty day moving average is GBX 113.32 and its two-hundred day moving average is GBX 110.12. Prs Reit has a 1 year low of GBX 96.99 and a 1 year high of GBX 126.

Prs Reit (LON:PRSR) last released its earnings results on Tuesday, October 7th. The company reported GBX 4.40 EPS for the quarter. Prs Reit had a net margin of 160.59% and a return on equity of 13.28%. Sell-side analysts predict that Prs Reit will post 4.4399999 EPS for the current year.

Analysts Set New Price Targets

Separately, Jefferies Financial Group lifted their price objective on Prs Reit from GBX 107 to GBX 115 and gave the company a “hold” rating in a report on Tuesday, October 28th. One equities research analyst has rated the stock with a Hold rating, According to data from MarketBeat, the company presently has a consensus rating of “Hold” and an average price target of GBX 115.

About Prs Reit

www.theprsreit.com
The PRS REIT plc is a closed-ended real estate investment trust established to invest in the Private Rented Sector (“PRS”). It aims to provide shareholders with an attractive level of income together with the potential for capital and income growth.

The Company is investing over £1bn in a portfolio of high-quality homes for private rental, mainly across the major regions of England.