NewRiver REIT plc (NRR) Stock Rating Lowered by Peel Hunt

NewRiver REIT plc (LON:NRR) was downgraded by Peel Hunt to an “add” rating in a report released on Wednesday. They presently have a GBX 365 ($4.80) price objective on the real estate investment trust’s stock. Peel Hunt’s price objective indicates a potential upside of 14.03% from the stock’s previous close.

NRR has been the topic of a number of other research reports. Liberum Capital reissued a “buy” rating and issued a GBX 370 ($4.87) price target on shares of NewRiver REIT plc in a report on Thursday, September 7th. Berenberg Bank increased their price target on shares of NewRiver REIT plc from GBX 375 ($4.93) to GBX 380 ($5.00) and gave the stock a “buy” rating in a report on Thursday, August 3rd.

NewRiver REIT plc (LON NRR) opened at GBX 320.10 ($4.21) on Wednesday. NewRiver REIT plc has a twelve month low of GBX 309.20 ($4.07) and a twelve month high of GBX 374.50 ($4.93).

WARNING: “NewRiver REIT plc (NRR) Stock Rating Lowered by Peel Hunt” was posted by Dispatch Tribunal and is owned by of Dispatch Tribunal. If you are viewing this story on another publication, it was stolen and reposted in violation of US & international trademark and copyright laws. The correct version of this story can be read at https://www.dispatchtribunal.com/2017/11/24/newriver-reit-plc-nrr-stock-rating-lowered-by-peel-hunt.html.

In other NewRiver REIT plc news, insider David Lockhart sold 524,931 shares of the stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of GBX 338 ($4.45), for a total transaction of £1,774,266.78 ($2,333,640.38). Also, insider Mark Davies sold 133,390 shares of the stock in a transaction on Thursday, September 14th. The shares were sold at an average price of GBX 359 ($4.72), for a total transaction of £478,870.10 ($629,843.61).

NewRiver REIT plc Company Profile

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.

Receive News & Ratings for NewRiver REIT plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewRiver REIT plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply