Published On: Mon, Sep 19th, 2016

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.

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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.

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