News Formal

House prices are falling and rents are rising in the UK. These 2 stocks will benefit, analysts say

  • 📰 CNBC
  • ⏱ Reading Time:
  • 23 sec. here
  • 2 min. at publisher
  • 📊 Quality Score:
  • News: 12%
  • Publisher: 72%

日本 ニュース ニュース

日本 最新ニュース,日本 見出し

One of the stocks is expected to rise by more than 60% over the next 12 months in light of rising rents and falling house prices.

Falling house prices and rising rents are expected to benefit two U.K. stocks focused on the private rented sector: The PRS REIT PLC and Grainger PLC , according to stock analysts. As fewer people can afford to buy homes, thanks to rising interest rates, demand for rental properties has risen alongside an increase in rent. At the same time, the supply of rental homes has not kept pace with demand, leading to annual rents rising by 5.3% in the 12 months to July, according to the U.K.

line Analysts highlight rental solid growth for both companies. Jefferies has forecast 9% rental growth for PRS REIT in 2023, while Berenberg expects continued "strong organic rental growth to result in continued earnings growth, despite increasing finance costs." Jefferies expects shares of PRS REIT to rise by 63% over the next 12 months to £1.14 per share, and Berenberg cut its price target to £0.95 from £1.10.

 

コメントありがとうございます。コメントは審査後に公開されます。
このニュースをすぐに読めるように要約しました。ニュースに興味がある場合は、ここで全文を読むことができます。 続きを読む:

 /  🏆 12. in JP

日本 最新ニュース, 日本 見出し

Similar News:他のニュース ソースから収集した、これに似たニュース記事を読むこともできます。

Ririe-Woodbury Dance Company celebrates 60 years of teaching people joy through danceThe Ririe-Woodbury Dance Company is celebrating 60 years of inspiring people to find joy through movement.
ソース: KSLcom - 🏆 549. / 51 続きを読む »