Other equities research analysts also recently issued research reports about the company. Peel Hunt reaffirmed an add rating on shares of Newriver Reit in a report on Wednesday, November 21st. HSBC raised Newriver Reit to a buy rating in a report on Wednesday, January 2nd. Finally, Barclays dropped their target price on Newriver Reit from GBX 260 ($3.40) to GBX 250 ($3.27) and set an equal weight rating for the company in a report on Friday, February 15th. Two research analysts have rated the stock with a hold rating and three have issued a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus price target of GBX 302.50 ($3.95).
Shares of Newriver Reit stock opened at GBX 221.70 ($2.90) on Tuesday. Newriver Reit has a 1 year low of GBX 192.40 ($2.51) and a 1 year high of GBX 308.50 ($4.03). The firm has a market cap of $668.66 million and a price-to-earnings ratio of 35.19. The company has a debt-to-equity ratio of 59.37, a current ratio of 1.08 and a quick ratio of 1.08.
Newriver Reit Company Profile
NewRiver REIT plc (?NewRiver') is a leading Real Estate Investment Trust specializing in buying, managing, developing and recycling convenience-led, community-focused retail and leisure assets throughout the UK. Our £1.4 billion portfolio covers over 9 million sq ft and comprises 34 community shopping centres, 21 conveniently located retail parks and over 600 community pubs.
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