Risk factor
Significant default risk
Profitability factor
Greatly undervalued vs peers
About
Picton, established in 2005, is a UK REIT. It owns and actively manages a £665 million diversified UK commercial property portfolio, invested across 47 assets and with around 350 occupiers (as at 31 March 2020). Through an occupier focused, opportunity led approach to asset management, Picton aims to be one of the consistently best performing...
Company Valuation
Based on key historical and expected multiples, the stock is greatly undervalued relative to its peers. In particular, the stock is underpriced on P/E, 'expensive' on EV/
Target Price
The average target price of PCTN.L is 90 and suggests 19% upside potential. Usually, this means a BUY recommendation among investment firms, or a recommendation to increa
