Real Estate Investors PLC. (LON:RLE) insider Marcus Daly acquired 40,000 shares of Real Estate Investors stock in a transaction dated Wednesday, December 6th. The shares were acquired at an average price of GBX 58 ($0.78) per share, with a total value of £23,200 ($31,224.76).

Shares of Real Estate Investors PLC. (RLE) opened at GBX 58.50 ($0.79) on Thursday. Real Estate Investors PLC. has a twelve month low of GBX 52 ($0.70) and a twelve month high of GBX 65.39 ($0.88).

Separately, Liberum Capital reiterated a “buy” rating and set a GBX 70 ($0.94) price objective on shares of Real Estate Investors in a research report on Monday, September 18th.

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About Real Estate Investors

Real Estate Investors Plc (REI) is a real estate investment trust (REIT). The Company invests in real estate assets in the markets of central Birmingham and the Midlands. The Company generates rental income from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains.

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