Peel Hunt Reaffirms “Buy” Rating for Redefine International PLC (RDI)
Peel Hunt reaffirmed their buy rating on shares of Redefine International PLC (LON:RDI) in a research report released on Thursday. The brokerage currently has a GBX 48 ($0.62) price objective on the stock.
Separately, J P Morgan Chase & Co reissued a neutral rating and set a GBX 43 ($0.56) price objective on shares of Redefine International PLC in a report on Wednesday, May 31st.
Shares of Redefine International PLC (LON RDI) opened at 39.51 on Thursday. Redefine International PLC has a 12 month low of GBX 34.39 and a 12 month high of GBX 44.65. The company’s market capitalization is GBX 715.82 million. The firm has a 50-day moving average of GBX 0.39 and a 200-day moving average of GBX 0.38.
About Redefine International PLC
Redefine International P.L.C. is a United Kingdom-based real estate investment trust (REIT). The Company’s segments include UK Retail, UK Hotels, UK Commercial, Europe and Other. The UK Retail segment consists of approximately six shopping centers and over five retail parks. The UK Hotels segment consists of approximately eight hotels in Greater London and South East, England and over one hotel in Edinburgh, Scotland, and holds interests in Redefine BDL Hotel Group Limited, which leases and manages its hotel properties except for the Enfield Travelodge.
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