Picton Property Income (LON:PCTN) Sets New 12-Month High – Still a Buy?

Picton Property Income Limited (LON:PCTN) shares hit a new 52-week high during trading on Wednesday . The stock traded as high as GBX 84.90 and last traded at GBX 84.37, with a volume of 244315 shares traded. The stock had previously closed at GBX 83.50.

Analyst Upgrades and Downgrades

Several analysts recently issued reports on PCTN shares. Panmure Gordon reiterated a “buy” rating and set a GBX 90 price target on shares of Picton Property Income in a research report on Tuesday, November 18th. Peel Hunt dropped their price objective on shares of Picton Property Income from GBX 85 to GBX 80 and set a “hold” rating for the company in a report on Monday, December 15th. One investment analyst has rated the stock with a Buy rating and one has given a Hold rating to the company. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy” and an average price target of GBX 85.

Picton Property Income Trading Up 1.0%

The firm’s 50 day simple moving average is GBX 77.11 and its two-hundred day simple moving average is GBX 76.99. The company has a quick ratio of 2.25, a current ratio of 3.48 and a debt-to-equity ratio of 40.36. The stock has a market capitalization of £431.89 million, a P/E ratio of 11.10 and a beta of 0.42.

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

Picton Property Income Company Profile

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.