RDI Reit (RDI) Coverage Initiated by Analysts at Berenberg Bank
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 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.
See Also: Do Tariffs Work?
Receive News & Ratings for RDI Reit Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RDI Reit and related companies with MarketBeat.com's FREE daily email newsletter.