RDI Reit (LON:RDI) Receives Add Rating from Peel Hunt

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RDI Reit (LON:RDI)‘s stock had its “add” rating reissued by investment analysts at Peel Hunt in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

Separately, JPMorgan Chase & Co. reissued a “neutral” rating and set a GBX 120 ($1.57) price target on shares of RDI Reit in a research report on Friday, June 21st.

RDI stock opened at GBX 109 ($1.42) on Tuesday. The stock has a 50-day moving average price of GBX 105.89 and a two-hundred day moving average price of GBX 120.96. RDI Reit has a 12-month low of GBX 98.40 ($1.29) and a 12-month high of GBX 175 ($2.29). The company has a current ratio of 0.85, a quick ratio of 0.81 and a debt-to-equity ratio of 98.78. The company has a market cap of $418.10 million and a PE ratio of 14.34.

RDI Reit Company Profile

RDI is a 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.

Read More: Intrinsic Value

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