Regional REIT’s (RGL) “Buy” Rating Reaffirmed at Peel Hunt

Peel Hunt restated their buy rating on shares of Regional REIT Ltd (LON:RGL) in a research report report published on Thursday. Peel Hunt currently has a GBX 125 ($1.61) price target on the stock.

Shares of Regional REIT (LON:RGL) remained flat at GBX 100.50 during trading on Thursday. The company’s stock had a trading volume of 547,077 shares. Regional REIT has a 1-year low of GBX 0.99 and a 1-year high of GBX 111.00. The stock’s 50-day moving average price is GBX 1.05 and its 200 day moving average price is GBX 1.05. The firm’s market capitalization is GBX 275.59 million.

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The firm also recently declared a dividend, which will be paid on Friday, October 13th. Shareholders of record on Thursday, September 7th will be issued a GBX 1.80 ($0.02) dividend. This represents a yield of 1.75%. The ex-dividend date is Thursday, September 7th.

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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