Peel Hunt Reaffirms “Under Review” Rating for RDI Reit (RDI)

RDI Reit (LON:RDI)‘s stock had its “under review” rating reiterated by investment analysts at Peel Hunt in a research note issued to investors on Wednesday, ThisIsMoney.Co.Uk reports.

Other equities analysts have also issued reports about the stock. Berenberg Bank upped their price objective on shares of RDI Reit from GBX 40 ($0.52) to GBX 190 ($2.48) and gave the stock a “buy” rating in a report on Friday, February 15th. JPMorgan Chase & Co. upped their price objective on shares of RDI Reit from GBX 41 ($0.54) to GBX 205 ($2.68) and gave the stock a “neutral” rating in a report on Wednesday, February 20th.

Shares of RDI stock opened at GBX 128 ($1.67) on Wednesday. The company has a current ratio of 1.93, a quick ratio of 1.85 and a debt-to-equity ratio of 91.85. RDI Reit has a one year low of GBX 27.70 ($0.36) and a one year high of GBX 164.75 ($2.15). The company has a market capitalization of $486.52 million and a PE ratio of 5.45.

About RDI Reit

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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