Redefine International PLC (RDI) Earns “Buy” Rating from Peel Hunt

Redefine International PLC (LON:RDI)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research note issued to investors on Monday. They presently have a GBX 48 ($0.63) price target on the stock. Peel Hunt’s price target would suggest a potential upside of 25.59% from the stock’s previous close.

Separately, J P Morgan Chase & Co reaffirmed a “neutral” rating and set a GBX 43 ($0.57) target price on shares of Redefine International PLC in a research note on Friday, October 27th.

Shares of Redefine International PLC (LON RDI) opened at GBX 38.22 ($0.50) on Monday. Redefine International PLC has a 12 month low of GBX 35.09 ($0.46) and a 12 month high of GBX 40.95 ($0.54).

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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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