Newriver Reit (NRR) Reaches New 12-Month Low at $306.50

Shares of Newriver Reit PLC (LON:NRR) hit a new 52-week low during mid-day trading on Friday . The stock traded as low as GBX 306.50 ($4.16) and last traded at GBX 306.50 ($4.16), with a volume of 627753 shares trading hands. The stock had previously closed at GBX 310 ($4.20).

Several analysts have recently issued reports on NRR shares. Liberum Capital reiterated a “buy” rating and issued a GBX 370 ($5.02) price objective on shares of Newriver Reit in a research note on Wednesday, November 22nd. Berenberg Bank reiterated a “buy” rating and issued a GBX 385 ($5.22) price objective on shares of Newriver Reit in a research note on Wednesday, November 22nd. Finally, Peel Hunt reiterated an “add” rating and issued a GBX 365 ($4.95) price objective on shares of Newriver Reit in a research note on Tuesday, December 5th.

The firm has a market cap of $928.35 and a P/E ratio of 2,043.33.

The firm also recently declared a dividend, which will be paid on Friday, February 9th. Shareholders of record on Thursday, December 28th will be paid a GBX 5.25 ($0.07) dividend. This represents a yield of 1.65%. The ex-dividend date of this dividend is Thursday, December 28th.

ILLEGAL ACTIVITY NOTICE: “Newriver Reit (NRR) Reaches New 12-Month Low at $306.50” was reported by Community Financial News and is the sole property of of Community Financial News. If you are accessing this piece on another domain, it was illegally copied and reposted in violation of United States and international copyright law. The original version of this piece can be viewed at https://www.com-unik.info/2018/01/14/newriver-reit-nrr-reaches-new-12-month-low-at-306-50.html.

Newriver Reit 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.

What are top analysts saying about Newriver 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 Newriver Reit and related companies.

Comments

Leave a Reply


share news on Facebook
tweet this investment news
share on linkedin
share on StockTwits
share on Google Plus
share on reddit