Regional REIT (RGL) Given “Buy” Rating at Peel Hunt

Peel Hunt reaffirmed their buy rating on shares of Regional REIT (LON:RGL) in a research note released on Thursday morning, ThisIsMoney.Co.Uk reports.

Shares of LON RGL opened at GBX 106.16 ($1.39) on Thursday. The company has a market cap of $397.43 million and a price-to-earnings ratio of 5.87. The company has a debt-to-equity ratio of 87.28, a quick ratio of 1.37 and a current ratio of 1.52. Regional REIT has a twelve month low of GBX 1.13 ($0.01) and a twelve month high of GBX 110 ($1.44).

The firm also recently declared a dividend, which will be paid on Friday, July 12th. Shareholders of record on Thursday, June 6th will be given a dividend of GBX 1.90 ($0.02) per share. This represents a yield of 1.8%. The ex-dividend date of this dividend is Thursday, June 6th. Regional REIT’s dividend payout ratio (DPR) is presently 0.55%.

Regional REIT Company Profile

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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