Irish Residential Properties REIT (OTCMKTS:RSHPF) Downgraded by Stifel Nicolaus

Stifel Nicolaus lowered shares of Irish Residential Properties REIT (OTCMKTS:RSHPFGet Rating) from a buy rating to a hold rating in a research note issued to investors on Friday, The Fly reports.

OTCMKTS RSHPF opened at $1.81 on Friday. The business’s 50-day moving average price is $1.81 and its 200 day moving average price is $1.83. Irish Residential Properties REIT has a twelve month low of $1.81 and a twelve month high of $1.91.

About Irish Residential Properties REIT (Get Rating)

Irish Residential Properties REIT Plc (IRES registration # 529737) is an Irish REIT focused on consolidating the fragmented Irish rental market by targeting quality multi-unit residential real estate in Dublin and other major centres. IRES is externally managed by certain subsidiaries of CAPREIT (TSX:CAR.UN).

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