Separately, JPMorgan Chase & Co. reissued a neutral rating and issued a GBX 43 ($0.57) price objective on shares of RDI Reit in a research note on Thursday, November 2nd.
RDI Reit (RDI) opened at GBX 36.30 ($0.49) on Friday. RDI Reit has a one year low of GBX 33.25 ($0.44) and a one year high of GBX 40.95 ($0.55). The firm has a market capitalization of $713.47 and a P/E ratio of 907.50.
In related news, insider Marc Wainer acquired 3,157,846 shares of the business’s stock in a transaction that occurred on Monday, November 13th. The shares were acquired at an average cost of GBX 40 ($0.53) per share, with a total value of £1,263,138.40 ($1,688,913.49).
COPYRIGHT VIOLATION NOTICE: “RDI Reit’s (RDI) Buy Rating Reiterated at Peel Hunt” was first published by Community Financial News and is owned by of Community Financial News. If you are reading this piece of content on another publication, it was illegally copied and reposted in violation of U.S. and international copyright & trademark laws. The legal version of this piece of content can be accessed at https://www.com-unik.info/2018/01/08/rdi-reits-rdi-buy-rating-reiterated-at-peel-hunt.html.
About RDI Reit
RDI Reit PLC, formerly Redefine International P.L.C., is a United Kingdom-based real estate investment trust. 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.
What are top analysts saying about RDI Reit? - Enter your email address in the form below to receive our free daily email newsletter that contains the latest headlines and analysts' recommendations for for RDI Reit and related companies.