Regional REIT (LON:RGL) Receives Buy Rating from Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Regional REIT (LON:RGL) in a research report sent to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

Separately, Peel Hunt restated a buy rating and set a GBX 125 ($1.64) target price on shares of Regional REIT in a research report on Thursday, November 14th.

LON:RGL opened at GBX 121 ($1.59) on Tuesday. The company has a market cap of $522.12 million and a P/E ratio of 13.60. The stock’s fifty day moving average price is GBX 115.36 and its two-hundred day moving average price is GBX 107.65. Regional REIT has a 1 year low of GBX 1.10 ($0.01) and a 1 year high of GBX 117.46 ($1.55). The company has a debt-to-equity ratio of 83.22, a current ratio of 1.82 and a quick ratio of 1.82.

In other news, insider Stephen Inglis sold 350,000 shares of the company’s stock in a transaction on Friday, December 20th. The shares were sold at an average price of GBX 112 ($1.47), for a total value of £392,000 ($515,653.78).

About Regional REIT

Regional REIT Limited (Regional REIT) is a United Kingdom-based real estate investment trust (REIT). The Company operates through four segments: Industrial, Office, Retail and Residential. The Company’s commercial property portfolio is in the United Kingdom and comprises offices and industrial units located in the regional centers of the United Kingdom outside of the M25 motorway.

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