Insider Selling: Newriver Reit PLC (NRR) Insider Sells £478,870.10 in Stock
Newriver Reit PLC (LON:NRR) insider Mark Davies sold 133,390 shares of the business’s stock in a transaction that occurred on Thursday, September 14th. The stock was sold at an average price of GBX 359 ($4.84), for a total value of £478,870.10 ($645,638.53).
NRR has been the topic of several recent research reports. Liberum Capital restated a “buy” rating and set a GBX 370 ($4.99) target price on shares of Newriver Reit PLC in a report on Thursday, September 7th. Peel Hunt restated a “buy” rating and set a GBX 365 ($4.92) target price on shares of Newriver Reit PLC in a report on Monday, August 7th. Finally, Berenberg Bank boosted their target price on Newriver Reit PLC from GBX 375 ($5.06) to GBX 380 ($5.12) and gave the stock a “buy” rating in a report on Thursday, August 3rd.
Newriver Reit PLC Company Profile
NewRiver REIT plc is a real estate investment trust engaged in the real estate business in the United Kingdom. The Company is a retail and leisure property investor, asset manager and developer. The Company owns or manages a portfolio of approximately 30 shopping centers, over 20 retail warehouses, a portfolio of approximately 360 public houses with retail and mixed-use development opportunities and a range of high street retail assets.
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