Newriver Reit (NRR) Lowered to Equal weight at Barclays

Barclays cut shares of Newriver Reit (LON:NRR) to an equal weight rating in a research note published on Wednesday.

A number of other research analysts have also recently issued reports on the stock. Peel Hunt reissued an add rating on shares of Newriver Reit in a research note on Wednesday, October 31st. Liberum Capital reissued a buy rating on shares of Newriver Reit in a research note on Friday, October 19th.

LON:NRR traded down GBX 2.50 ($0.03) during mid-day trading on Wednesday, reaching GBX 240 ($3.14). The stock had a trading volume of 231,793 shares, compared to its average volume of 945,922. Newriver Reit has a 12 month low of GBX 275.50 ($3.60) and a 12 month high of GBX 374.50 ($4.89).

The business also recently announced a dividend, which will be paid on Friday, November 16th. Shareholders of record on Thursday, October 18th will be given a GBX 5.40 ($0.07) dividend. The ex-dividend date of this dividend is Thursday, October 18th. This represents a yield of 2.09%.

Newriver Reit Company Profile

NewRiver REIT pic (ticker: NRR) is a premium listed REIT on the London Stock Exchange and a constituent of the FTSE 250 and EPRA indices. The Company is a specialist real estate investor, asset manager and developer focused solely on the UK retail and leisure sector. Founded in 2009, NewRiver is one of the UK's largest owner/managers of convenience-led shopping centres with assets under management of £1.3 billion principally comprising 33 UK wide shopping centres together with further nationwide retail and leisure assets.

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