Redefine International PLC (RDI) Stock Rating Reaffirmed by Peel Hunt
Peel Hunt restated their buy rating on shares of Redefine International PLC (LON:RDI) in a research report released on Monday morning. The brokerage currently has a GBX 48 ($0.63) price objective on the stock.
Separately, J P Morgan Chase & Co reaffirmed a neutral rating and set a GBX 43 ($0.57) price objective on shares of Redefine International PLC in a report on Friday, October 27th.
Shares of Redefine International PLC (RDI) opened at GBX 38.15 ($0.50) on Monday. Redefine International PLC has a twelve month low of GBX 35.09 ($0.46) and a twelve month high of GBX 40.95 ($0.54).
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The company also recently disclosed a dividend, which will be paid on Monday, December 18th. Stockholders of record on Thursday, November 30th will be issued a dividend of GBX 1.30 ($0.02) per share. The ex-dividend date is Thursday, November 30th. This represents a dividend yield of 3.49%.
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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