Rdi Reit (LON:RDI)‘s stock had its “buy” rating reissued by equities research analysts at Peel Hunt in a report issued on Thursday, April 5th. They currently have a GBX 48 ($0.69) price objective on the stock. Peel Hunt’s price objective points to a potential upside of 37.34% from the company’s current price.
Separately, JPMorgan Chase reduced their price objective on shares of Rdi Reit from GBX 43 ($0.62) to GBX 41 ($0.59) and set a “neutral” rating for the company in a research note on Monday, January 15th.
Shares of LON RDI traded up GBX 0.45 ($0.01) during trading hours on Thursday, hitting GBX 34.95 ($0.50). 2,120,722 shares of the stock were exchanged, compared to its average volume of 2,120,000. Rdi Reit has a 12 month low of GBX 33.25 ($0.48) and a 12 month high of GBX 40.95 ($0.59).
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RDI is a FTSE 250 UK Real Estate Investment Trust (UK-REIT) committed to becoming the UK's leading income focused REIT. The Company's income-led business model and strategic priorities are designed to offer shareholders superior, sustainable and growing income returns, with a target growth in underlying earnings per share of 3%-5% across the medium term.
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