The Newriver Reit PLC (NRR) Stock Rating Reaffirmed by Liberum Capital

The Newriver Reit PLC (NRR) Stock Rating Reaffirmed by Liberum Capital

Newriver Reit PLC (LON:NRR)‘s stock had its “buy” rating reiterated by research analysts at Liberum Capital in a research report issued on Wednesday. They presently have a GBX 340 ($4.10) price target on the real estate investment trust’s stock. Liberum Capital’s price target suggests a potential upside of 2.44% from the stock’s current price.

Separately, Peel Hunt restated a “buy” rating and set a GBX 345 ($4.16) price target on shares of Newriver Reit PLC in a report on Thursday, November 17th.

Shares of Newriver Reit PLC (LON:NRR) opened at 331.40 on Wednesday. The stock’s market cap is GBX 773.98 million. Newriver Reit PLC has a one year low of GBX 269.00 and a one year high of GBX 349.80. The stock’s 50 day moving average price is GBX 338.04 and its 200 day moving average price is GBX 322.08.

The business also recently announced a dividend, which will be paid on Friday, January 27th. Investors of record on Thursday, December 29th will be issued a GBX 5 ($0.06) dividend. The ex-dividend date is Thursday, December 29th. This represents a yield of 1.54%.

In related news, insider Mark Davies sold 289,400 shares of Newriver Reit PLC stock in a transaction that occurred on Wednesday, December 21st. The shares were sold at an average price of GBX 335 ($4.04), for a total value of £969,490 ($1,169,610.33).

About Newriver Reit PLC

NewRiver REIT plc is a real estate investment trust engaged in the real estate business in the United Kingdom. The Company is a retail and leisure property investor, asset manager and developer. The Company owns or manages a portfolio of approximately 30 shopping centers, over 20 retail warehouses, a portfolio of approximately 360 public houses with retail and mixed-use development opportunities and a range of high street retail assets.

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