Liberum Capital reissued their buy rating on shares of Newriver Reit PLC (LON:NRR) in a research report sent to investors on Tuesday. They currently have a GBX 340 ($4.39) target price on the real estate investment trust’s stock.

Other analysts have also issued reports about the stock. HSBC Holdings plc reaffirmed a hold rating and set a GBX 335 ($4.32) price objective on shares of Newriver Reit PLC in a research note on Wednesday, February 15th. Berenberg Bank reaffirmed a buy rating and set a GBX 365 ($4.71) price objective on shares of Newriver Reit PLC in a research note on Thursday, February 9th. Finally, Peel Hunt reissued a buy rating and issued a GBX 345 ($4.45) price target on shares of Newriver Reit PLC in a research report on Wednesday, January 18th.

Shares of Newriver Reit PLC (LON:NRR) opened at 348.00 on Tuesday. The stock’s market capitalization is GBX 814.23 million. The company has a 50-day moving average of GBX 343.26 and a 200-day moving average of GBX 333.49. Newriver Reit PLC has a 12-month low of GBX 269.00 and a 12-month high of GBX 352.50.

ILLEGAL ACTIVITY WARNING: This piece of content was originally published by The Cerbat Gem and is owned by of The Cerbat Gem. If you are viewing this piece of content on another publication, it was copied illegally and reposted in violation of US and international trademark & copyright legislation. The legal version of this piece of content can be viewed at https://www.thecerbatgem.com/2017/05/19/liberum-capital-reaffirms-buy-rating-for-newriver-reit-plc-nrr.html.

The business also recently declared a dividend, which will be paid on Friday, August 4th. Stockholders of record on Thursday, June 15th will be given a GBX 8.25 ($0.11) dividend. This represents a dividend yield of 2.39%. This is a positive change from Newriver Reit PLC’s previous dividend of $5.00. The ex-dividend date of this dividend is Thursday, June 15th.

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.

Receive News & Stock Ratings for Newriver Reit PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Newriver Reit PLC and related stocks with our FREE daily email newsletter.