Peel Hunt Reiterates “Add” Rating for RDI Reit (LON:RDI)

RDI Reit (LON:RDI)‘s stock had its “add” rating restated by Peel Hunt in a research report issued on Tuesday, ThisIsMoney.Co.Uk reports.

Several other analysts have also recently commented on the company. Berenberg Bank upped their target price on Jupiter Fund Management from GBX 357 ($4.66) to GBX 360 ($4.70) and gave the company a “hold” rating in a report on Tuesday, April 30th. JPMorgan Chase & Co. set a $44.00 target price on Charles Schwab and gave the company a “buy” rating in a report on Friday, June 21st.

RDI stock traded down GBX 1.40 ($0.02) during trading on Tuesday, hitting GBX 106.80 ($1.40). The company had a trading volume of 94,798 shares, compared to its average volume of 2,120,000. The stock has a 50-day moving average price of GBX 107.51. RDI Reit has a one year low of GBX 98.40 ($1.29) and a one year high of GBX 181.25 ($2.37). The firm has a market cap of $405.94 million and a PE ratio of 14.05. The company has a debt-to-equity ratio of 98.78, a quick ratio of 0.81 and a current ratio of 0.85.

In other RDI Reit news, insider Michael J. Watters purchased 16,000 shares of the company’s stock in a transaction on Thursday, April 25th. The shares were purchased at an average cost of GBX 128 ($1.67) per share, with a total value of £20,480 ($26,760.75).

RDI Reit Company Profile

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.

Read More: How To Calculate Debt-to-Equity Ratio

Receive News & Ratings for RDI Reit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RDI Reit and related companies with MarketBeat.com's FREE daily email newsletter.