Shore Capital Reaffirms “House Stock” Rating for Regional REIT (LON:RGL)

Regional REIT (LON:RGL)‘s stock had its “house stock” rating reaffirmed by stock analysts at Shore Capital in a research report issued on Wednesday, Marketbeat.com reports.

Separately, Peel Hunt restated a “buy” rating and set a GBX 140 price target on shares of Regional REIT in a research note on Thursday, September 18th. One investment analyst has rated the stock with a Buy rating, Based on data from MarketBeat, the company has a consensus rating of “Buy” and a consensus price target of GBX 140.

Regional REIT Trading Up 0.8%

Regional REIT stock opened at GBX 105 on Wednesday. The company has a debt-to-equity ratio of 153.74, a quick ratio of 1.30 and a current ratio of 0.67. The stock has a market cap of £170.19 million, a PE ratio of -20.59 and a beta of 0.90. The stock has a 50-day moving average of GBX 114.67 and a two-hundred day moving average of GBX 118.62. Regional REIT has a one year low of GBX 97.60 and a one year high of GBX 130.80.

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

Insider Buying and Selling at Regional REIT

In other Regional REIT news, insider Stephen Inglis bought 40,000 shares of Regional REIT stock in a transaction that occurred on Thursday, September 11th. The stock was purchased at an average price of GBX 124 per share, with a total value of £49,600. 1.10% of the stock is owned by insiders.

About Regional REIT

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.