Peel Hunt restated their add rating on shares of RDI Reit (LON:RDI) in a research note published on Tuesday morning, ThisIsMoney.Co.Uk reports.
Several other equities analysts also recently weighed in on RDI. Berenberg Bank reaffirmed a buy rating on shares of RDI Reit in a research report on Wednesday, May 20th. Canaccord Genuity raised RDI Reit to a buy rating and set a GBX 80 ($0.98) price objective on the stock in a research report on Wednesday, May 20th. Finally, JPMorgan Chase & Co. cut their price objective on RDI Reit from GBX 140 ($1.72) to GBX 75 ($0.92) and set a neutral rating on the stock in a research report on Friday, April 3rd. Three investment analysts have rated the stock with a hold rating and three have given a buy rating to the stock. RDI Reit presently has an average rating of Buy and an average target price of GBX 110 ($1.35).
LON RDI opened at GBX 82.50 ($1.02) on Tuesday. The company has a market cap of $281.43 million and a P/E ratio of -3.53. The company has a debt-to-equity ratio of 103.31, a quick ratio of 1.40 and a current ratio of 6.09. The business’s 50 day moving average price is GBX 66.90 and its 200-day moving average price is GBX 96.70. RDI Reit has a fifty-two week low of GBX 0.73 ($0.01) and a fifty-two week high of GBX 143.22 ($1.76).
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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