Peel Hunt reissued their buy rating on shares of RDI Reit (LON:RDI) in a report issued on Tuesday. The firm currently has a GBX 48 ($0.65) price target on the stock.

Separately, JPMorgan Chase & Co. restated a neutral rating and issued a GBX 43 ($0.58) target price on shares of RDI Reit in a research note on Friday, October 27th.

Shares of RDI Reit (RDI) traded up GBX 35.69 ($0.48) during trading hours on Tuesday, reaching GBX 36.05 ($0.49). 2,696,133 shares of the company traded hands, compared to its average volume of 2,760,000. The company has a market cap of $685.25 and a P/E ratio of 901.25. RDI Reit has a one year low of GBX 33.25 ($0.45) and a one year high of GBX 40.95 ($0.56).

The business also recently announced a dividend, which was paid on Monday, December 18th. Shareholders of record on Thursday, November 30th were paid a GBX 1.30 ($0.02) dividend. The ex-dividend date of this dividend was Thursday, November 30th. This represents a yield of 3.49%.

In related news, insider Marc Wainer bought 3,157,846 shares of the company’s stock in a transaction on Monday, November 13th. The shares were acquired at an average cost of GBX 40 ($0.54) per share, for a total transaction of £1,263,138.40 ($1,712,962.30).

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RDI Reit Company Profile

RDI Reit PLC, formerly Redefine International P.L.C., is a United Kingdom-based real estate investment trust. 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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