NewRiver REIT (LON:NRR – Get Rating)‘s stock had its “house stock” rating reissued by investment analysts at Shore Capital in a research report issued to clients and investors on Thursday, MarketBeat.com reports.
Separately, Barclays restated an “equal weight” rating and set a GBX 80 ($1.04) price target on shares of NewRiver REIT in a research report on Tuesday.
Shares of LON:NRR opened at GBX 94.57 ($1.23) on Thursday. NewRiver REIT has a fifty-two week low of GBX 70 ($0.91) and a fifty-two week high of GBX 107.11 ($1.39). The company has a market cap of £291.45 million and a PE ratio of -2.67. The company’s 50-day moving average price is GBX 86.49 and its 200 day moving average price is GBX 85.80. The company has a quick ratio of 1.05, a current ratio of 1.62 and a debt-to-equity ratio of 93.41.
About NewRiver REIT (Get Rating)
NewRiver REIT plc (‘NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing essential retail and leisure assets throughout the UK. Our £1.1 billion portfolio covers 9 million sq ft and comprises 33 community shopping centres, 24 conveniently located retail parks and 700 community pubs.
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