RDI Reit (RDI) Stock Rating Reaffirmed by Peel Hunt
RDI Reit (LON:RDI)‘s stock had its “add” rating restated by equities research analysts at Peel Hunt in a research report issued to clients and investors on Tuesday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also commented on RDI. Berenberg Bank lifted their price target on shares of RDI Reit from GBX 40 ($0.52) to GBX 190 ($2.48) and gave the company a “buy” rating in a report on Friday, February 15th. JPMorgan Chase & Co. lifted their price target on shares of RDI Reit from GBX 41 ($0.54) to GBX 205 ($2.68) and gave the company a “neutral” rating in a report on Wednesday, February 20th.
LON RDI opened at GBX 125.60 ($1.64) on Tuesday. RDI Reit has a one year low of GBX 119.80 ($1.57) and a one year high of GBX 190.50 ($2.49). The company has a quick ratio of 0.81, a current ratio of 0.85 and a debt-to-equity ratio of 98.78. The stock has a market capitalization of $477.39 million and a PE ratio of 16.53.
RDI Reit Company Profile
RDI is a UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The Company's income-led business model and strategic priorities are designed to offer shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the medium term.
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