Regional REIT Ltd (RGL) Rating Reiterated by Peel Hunt
Regional REIT Ltd (LON:RGL)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a report released on Tuesday. They presently have a GBX 125 ($1.63) price target on the stock. Peel Hunt’s target price points to a potential upside of 14.16% from the stock’s current price.
Regional REIT (LON:RGL) opened at 106.00 on Tuesday. The firm’s market capitalization is GBX 290.67 million. The stock’s 50 day moving average price is GBX 1.06 and its 200-day moving average price is GBX 35.75. Regional REIT has a one year low of GBX 1.00 and a one year high of GBX 111.00.
The firm also recently announced a dividend, which will be paid on Friday, October 7th. Stockholders of record on Thursday, September 8th will be paid a dividend of GBX 1.75 ($0.02) per share. The ex-dividend date is Thursday, September 8th. This represents a dividend yield of 1.69%.
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Regional REIT Company Profile
Regional REIT Limited is a Guernsey-based limited liability company. The Company’s investment objective is to deliver a total return to shareholders, with a focus on income, from investing in the United Kingdom commercial property in the office and industrial sectors in regional centers and urban areas outside London.
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