Newriver Reit (NRR) Earns Add Rating from Peel Hunt

Newriver Reit (LON:NRR)‘s stock had its “add” rating restated by equities research analysts at Peel Hunt in a research report issued on Thursday.

A number of other analysts have also recently weighed in on NRR. Liberum Capital restated a “buy” rating on shares of Newriver Reit in a research note on Monday, July 9th. Berenberg Bank dropped their target price on shares of Newriver Reit from GBX 380 ($4.95) to GBX 340 ($4.43) and set a “buy” rating on the stock in a research report on Monday, June 18th.

Shares of Newriver Reit stock opened at GBX 260 ($3.39) on Thursday. Newriver Reit has a 1-year low of GBX 275.50 ($3.59) and a 1-year high of GBX 374.50 ($4.88).

In related news, insider Allan Lockhart bought 17,600 shares of the company’s stock in a transaction that occurred on Wednesday, July 4th. The shares were acquired at an average price of GBX 275 ($3.58) per share, with a total value of £48,400 ($63,045.46).

About Newriver Reit

NewRiver REIT pic (ticker: NRR) is a premium listed REIT on the London Stock Exchange and a constituent of the FTSE 250 and EPRA indices. The Company is a specialist real estate investor, asset manager and developer focused solely on the UK retail and leisure sector. Founded in 2009, NewRiver is one of the UK's largest owner/managers of convenience-led shopping centres with assets under management of £1.3 billion principally comprising 33 UK wide shopping centres together with further nationwide retail and leisure assets.

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