The Redefine International PLC (RDI) Stock Rating Reaffirmed by Peel Hunt

The Redefine International PLC (RDI) Stock Rating Reaffirmed by Peel Hunt

Redefine International PLC (LON:RDI)‘s stock had its “add” rating reaffirmed by analysts at Peel Hunt in a note issued to investors on Wednesday. They currently have a GBX 48 ($0.58) price target on the stock. Peel Hunt’s price objective points to a potential upside of 22.04% from the stock’s previous close.

Other equities research analysts have also issued reports about the stock. Deutsche Bank AG dropped their target price on shares of Redefine International PLC from GBX 58 ($0.70) to GBX 48 ($0.58) and set a “hold” rating for the company in a research report on Friday, October 28th. JPMorgan Chase & Co. decreased their price target on shares of Redefine International PLC from GBX 50 ($0.60) to GBX 46 ($0.55) and set a “neutral” rating on the stock in a research note on Friday, November 11th.

Redefine International PLC (LON:RDI) opened at 39.1524 on Wednesday. The company’s 50-day moving average is GBX 0.39 and its 200 day moving average is GBX 0.41. Redefine International PLC has a 52 week low of GBX 34.39 and a 52 week high of GBX 49.00. The company’s market capitalization is GBX 702.63 million.

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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