Newriver Reit PLC (LON:NRR)‘s stock had its “buy” rating reissued by analysts at Liberum Capital in a note issued to investors on Friday. They presently have a GBX 370 ($4.83) price target on the real estate investment trust’s stock. Liberum Capital’s target price would indicate a potential upside of 6.84% from the stock’s current price.

Separately, Peel Hunt upped their price target on Newriver Reit PLC from GBX 345 ($4.51) to GBX 365 ($4.77) and gave the stock a “buy” rating in a research note on Tuesday, May 16th.

Newriver Reit PLC (NRR) opened at 346.30 on Friday. The stock has a 50 day moving average price of GBX 350.62 and a 200-day moving average price of GBX 339.51. Newriver Reit PLC has a 12-month low of GBX 299.40 and a 12-month high of GBX 374.50. The stock’s market capitalization is GBX 810.26 million.

TRADEMARK VIOLATION WARNING: This article was originally published by Daily Political and is the sole property of of Daily Political. If you are reading this article on another website, it was stolen and republished in violation of United States & international copyright law. The legal version of this article can be read at https://www.dailypolitical.com/2017/07/17/liberum-capital-reiterates-buy-rating-for-newriver-reit-plc-nrr.html.

In other Newriver Reit PLC news, insider Allan Lockhart sold 54,337 shares of the company’s stock in a transaction that occurred on Tuesday, June 20th. The stock was sold at an average price of GBX 348 ($4.54), for a total value of £189,092.76 ($246,921.86). Also, insider David Lockhart sold 12,000 shares of the company’s stock in a transaction that occurred on Friday, July 7th. The shares were sold at an average price of GBX 349 ($4.56), for a total value of £41,880 ($54,687.91). In the last ninety days, insiders sold 143,178 shares of company stock valued at $49,761,103.

About Newriver Reit PLC

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 MarketBeat.com's FREE daily email newsletter.