Berenberg Bank assumed coverage on shares of RDI Reit (LON:RDI) in a report released on Monday. The brokerage set a “buy” rating and a GBX 40 ($0.52) price target on the stock. Berenberg Bank’s price objective would suggest a potential upside of 22.14% from the stock’s current price.

Separately, Peel Hunt reissued a “buy” rating on shares of RDI Reit in a research report on Wednesday, July 25th.

Shares of LON RDI opened at GBX 32.75 ($0.43) on Monday. RDI Reit has a 52 week low of GBX 33.25 ($0.43) and a 52 week high of GBX 40.95 ($0.53).

RDI Reit Company Profile

RDI is a FTSE 250 UK Real Estate Investment Trust (UK-REIT) committed to being 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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