Liberum Capital reissued their buy rating on shares of NewRiver REIT plc (LON:NRR) in a report published on Wednesday. Liberum Capital currently has a GBX 370 ($4.87) price target on the real estate investment trust’s stock.

Several other brokerages have also recently commented on NRR. Berenberg Bank raised their price target on shares of NewRiver REIT plc from GBX 375 ($4.93) to GBX 380 ($5.00) and gave the company a buy rating in a research report on Thursday, August 3rd. Peel Hunt restated a buy rating and issued a GBX 365 ($4.80) price objective on shares of NewRiver REIT plc in a report on Monday, August 7th.

NewRiver REIT plc (LON:NRR) opened at GBX 325.90 ($4.29) on Wednesday. NewRiver REIT plc has a 1 year low of GBX 309.20 ($4.07) and a 1 year high of GBX 374.50 ($4.93).

COPYRIGHT VIOLATION WARNING: This story was first published by Watch List News and is the property of of Watch List News. If you are accessing this story on another website, it was copied illegally and reposted in violation of United States and international copyright and trademark law. The correct version of this story can be accessed at https://www.watchlistnews.com/newriver-reit-plc-nrr-receives-buy-rating-from-liberum-capital/1721663.html.

The company also recently disclosed a dividend, which was paid on Friday, November 17th. Stockholders of record on Thursday, October 19th were issued a GBX 5.25 ($0.07) dividend. The ex-dividend date of this dividend was Thursday, October 19th. This represents a dividend yield of 1.55%.

In other news, insider David Lockhart sold 524,931 shares of the firm’s stock in a transaction on Tuesday, September 19th. The shares were sold at an average price of GBX 338 ($4.45), for a total value of £1,774,266.78 ($2,333,640.38). Also, insider Mark Davies sold 133,390 shares of the firm’s stock in a transaction on Thursday, September 14th. The shares were sold at an average price of GBX 359 ($4.72), for a total transaction of £478,870.10 ($629,843.61).

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.

Receive News & Ratings for NewRiver REIT plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for NewRiver REIT plc and related companies with Analyst Ratings Network's FREE daily email newsletter.