Panmure Gordon Reaffirms Buy Rating for Picton Property Income (LON:PCTN)

Picton Property Income (LON:PCTN)‘s stock had its “buy” rating reissued by equities researchers at Panmure Gordon in a research note issued on Tuesday, MarketBeat reports. They presently have a GBX 90 target price on the stock. Panmure Gordon’s price objective points to a potential upside of 20.00% from the stock’s previous close.

Picton Property Income Stock Down 1.2%

Shares of LON:PCTN traded down GBX 0.90 during trading on Tuesday, hitting GBX 75. 733,764 shares of the company were exchanged, compared to its average volume of 1,395,859. The company has a debt-to-equity ratio of 40.36, a current ratio of 3.48 and a quick ratio of 2.25. The firm’s 50 day moving average price is GBX 77.87 and its 200-day moving average price is GBX 77.46. The stock has a market capitalization of £388.02 million, a P/E ratio of 11.03 and a beta of 0.42. Picton Property Income has a 12-month low of GBX 59.54 and a 12-month high of GBX 83.

Picton Property Income (LON:PCTN) last announced its quarterly earnings results on Wednesday, November 12th. The company reported GBX 2 earnings per share for the quarter. Picton Property Income had a net margin of 14.83% and a return on equity of 1.55%. On average, research analysts predict that Picton Property Income will post 4.2620137 earnings per share for the current fiscal year.

About Picton Property Income

Established in 2005, Picton is listed on the main market of the London Stock Exchange and is a constituent of a number of EPRA indices including the FTSE EPRA Nareit Global Index.

Picton owns and actively manages a £726 million UK commercial property portfolio, invested across 47 assets and with around 350 occupiers (as at 30 June 2025).

Through an occupier focused, opportunity led approach, Picton aims to be one of the consistently best performing diversified UK REITs and has delivered upper quartile outperformance and a consistently higher income return than the MSCI Quarterly Property Index since launch.