Peel Hunt Reaffirms Add Rating for RDI Reit (LON:RDI)

Peel Hunt restated their add rating on shares of RDI Reit (LON:RDI) in a research report report published on Tuesday morning, ThisIsMoney.Co.Uk reports.

A number of other analysts also recently weighed in on the stock. Berenberg Bank boosted their target price on shares of RDI Reit from GBX 140 ($1.84) to GBX 150 ($1.97) and gave the stock a buy rating in a report on Friday, October 25th. Goldman Sachs Group boosted their target price on shares of RDI Reit from GBX 140 ($1.84) to GBX 150 ($1.97) and gave the stock a buy rating in a report on Monday, October 28th. JPMorgan Chase & Co. boosted their target price on shares of RDI Reit from GBX 120 ($1.58) to GBX 140 ($1.84) and gave the stock a neutral rating in a report on Wednesday, November 6th. Finally, Peel Hunt restated an add rating and issued a GBX 140 ($1.84) target price on shares of RDI Reit in a report on Thursday, October 24th. Three analysts have rated the stock with a hold rating and two have issued a buy rating to the company. The stock has a consensus rating of Hold and a consensus price target of GBX 144 ($1.89).

RDI Reit stock opened at GBX 133.60 ($1.76) on Tuesday. The company’s 50-day moving average price is GBX 132.41 and its 200-day moving average price is GBX 121.87. RDI Reit has a twelve month low of GBX 98.40 ($1.29) and a twelve month high of GBX 166 ($2.18). The company has a quick ratio of 1.00, a current ratio of 5.49 and a debt-to-equity ratio of 94.12. The company has a market cap of $508.10 million and a PE ratio of -6.55.

About RDI Reit

RDI is a UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The Company's income-led business model and strategic priorities are designed to offer shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the medium term.

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Analyst Recommendations for RDI Reit (LON:RDI)

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