Real Estate Investors PLC. (RLE) Receives “Buy” Rating from Liberum Capital
Real Estate Investors PLC. (LON:RLE)‘s stock had its “buy” rating restated by stock analysts at Liberum Capital in a research report issued on Monday. They presently have a GBX 70 ($0.93) price objective on the stock. Liberum Capital’s target price suggests a potential upside of 25.00% from the stock’s current price.
Shares of Real Estate Investors PLC. (LON:RLE) opened at 58.50 on Monday. Real Estate Investors PLC. has a 52-week low of GBX 50.00 and a 52-week high of GBX 72.00. The company’s market capitalization is GBX 109.06 million. The company has a 50-day moving average of GBX 54.04 and a 200 day moving average of GBX 58.88.
This story is the sole property of American Banking News and it was originally published by American Banking News. If you are reading this story on another website, that means this article was illegally copied and re-published to this website in violation of U.S. and International copyright law. The original version of this article is available at http://www.americanbankingnews.com/2016/09/19/real-estate-investors-plc-rle-receives-buy-rating-from-liberum-capital.html
About Real Estate Investors PLC.
Real Estate Investors Plc (REI) is a real estate investment trust (REIT). The Company invests in real estate assets in the markets of central Birmingham and the Midlands. The Company generates rental income from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains.
Receive News & Ratings for Real Estate Investors PLC. Daily – Enter your email address below to receive a concise daily summary of the latest news and analysts’ ratings for Real Estate Investors PLC. and related companies with MarketBeat.com’s FREE daily email newsletter.