Irish Residential Properties REIT (OTCMKTS:RSHPF) Coverage Initiated at Barclays

Barclays assumed coverage on shares of Irish Residential Properties REIT (OTCMKTS:RSHPFGet Rating) in a report issued on Wednesday morning, The Fly reports. The firm issued an overweight rating on the stock.

Separately, Stifel Nicolaus cut shares of Irish Residential Properties REIT from a buy rating to a hold rating in a research report on Friday, May 13th.

RSHPF stock opened at $1.81 on Wednesday. Irish Residential Properties REIT has a 1 year low of $1.81 and a 1 year high of $1.91. The stock’s fifty day moving average price is $1.81 and its 200-day moving average price is $1.82.

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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