NewRiver REIT (LON:NRR) Stock Keeps Buy Rating at Jefferies Financial Group

NewRiver REIT (LON:NRR)‘s stock had its “buy” rating reiterated by equities research analysts at Jefferies Financial Group in a research report issued on Thursday, Digital Look reports. They presently have a GBX 87 price target on the real estate investment trust’s stock. Jefferies Financial Group’s price target would suggest a potential upside of 7.94% from the company’s current price.

Separately, Shore Capital Group restated a “house stock” rating on shares of NewRiver REIT in a research note on Tuesday, July 28th. Three analysts have rated the stock with a Buy rating. Based on data from MarketBeat.com, the company presently has an average rating of “Buy” and a consensus price target of GBX 95.

NewRiver REIT Trading Up 1.5%

Shares of NRR stock opened at GBX 80.60 on Thursday. The company has a current ratio of 73.44, a quick ratio of 3.00 and a debt-to-equity ratio of 113.05. NewRiver REIT has a 12-month low of GBX 65.70 and a 12-month high of GBX 85. The stock has a market capitalization of £351.09 million, a P/E ratio of 11.35, a P/E/G ratio of -3.14 and a beta of 0.66. The firm’s 50 day moving average is GBX 78.73 and its 200 day moving average is GBX 77.51.

About NewRiver REIT

NewRiver is a leading Real Estate Investment Trust specialising in buying, managing and developing retail and leisure assets across the UK. Every day, our shopping centres, retail parks and pubs provide essential goods and services to their local communities.