Newriver Reit PLC (NRR) Given “Buy” Rating at Peel Hunt
Peel Hunt reiterated their buy rating on shares of Newriver Reit PLC (LON:NRR) in a research report report published on Thursday. Peel Hunt currently has a GBX 345 ($4.31) price target on the real estate investment trust’s stock.
Separately, Liberum Capital reaffirmed a buy rating and set a GBX 340 ($4.25) price objective on shares of Newriver Reit PLC in a research note on Thursday, August 18th.
Shares of Newriver Reit PLC (LON:NRR) traded up 0.46% during mid-day trading on Thursday, hitting GBX 326.50. The stock had a trading volume of 518,050 shares. The stock’s 50-day moving average is GBX 317.20 and its 200 day moving average is GBX 315.64. Newriver Reit PLC has a 1-year low of GBX 269.00 and a 1-year high of GBX 362.00. The firm’s market capitalization is GBX 762.03 million.
The business also recently disclosed a dividend, which will be paid on Friday, January 27th. Shareholders of record on Thursday, December 29th will be issued a GBX 5 ($0.06) dividend. The ex-dividend date of this dividend is Thursday, December 29th. This represents a yield of 1.54%.
Newriver Reit PLC Company Profile
NewRiver REIT plc is a real estate investment trust engaged in the real estate business in the United Kingdom. The Company is a retail and leisure property investor, asset manager and developer. The Company owns or manages a portfolio of approximately 30 shopping centers, over 20 retail warehouses, a portfolio of approximately 360 public houses with retail and mixed-use development opportunities and a range of high street retail assets.
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