Regional REIT (LON:RGL) Given Buy Rating at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Regional REIT (LON:RGL) in a research report sent to investors on Thursday morning, Marketbeat reports. The firm currently has a GBX 140 target price on the stock.

Separately, Shore Capital reissued a “house stock” rating on shares of Regional REIT in a report on Tuesday, September 9th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company currently has an average rating of “Buy” and an average price target of GBX 140.

Regional REIT Stock Down 1.6%

Shares of Regional REIT stock opened at GBX 120 on Thursday. The company has a quick ratio of 1.30, a current ratio of 0.67 and a debt-to-equity ratio of 153.74. Regional REIT has a 52-week low of GBX 97.60 and a 52-week high of GBX 140. The company has a market capitalization of £194.51 million, a P/E ratio of -358.21 and a beta of 0.90. The company has a 50 day moving average of GBX 123.73 and a 200 day moving average of GBX 117.14.

Regional REIT (LON:RGL) last announced its quarterly earnings data on Tuesday, September 9th. The company reported GBX (4.90) EPS for the quarter. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.

Insider Activity at Regional REIT

In related news, insider David Hunter acquired 30,000 shares of Regional REIT stock in a transaction on Monday, July 7th. The stock was purchased at an average cost of GBX 125 per share, with a total value of £37,500. Also, insider Stephen Inglis bought 40,000 shares of the stock in a transaction on Thursday, September 11th. The stock was bought at an average price of GBX 124 per share, for a total transaction of £49,600. 1.07% of the stock is owned by corporate insiders.

Regional REIT Company Profile

Regional REIT Limited is a UK based real estate investment trust, focused on building a large geographically diverse portfolio of income producing regional properties outside of the M25 motorway.

Regional REIT pursues its investment objective by investing in, actively managing and disposing of regional core property and core plus property assets.