Real Estate Credit Investments (LON:RECI) Earns Hold Rating from Jefferies Financial Group

Real Estate Credit Investments (LON:RECI – Get Free Report)‘s stock had its “hold” rating reissued by research analysts at Jefferies Financial Group in a research note issued on Thursday, Digital Look reports.

Real Estate Credit Investments Stock Up 0.6%

Shares of Real Estate Credit Investments stock opened at GBX 113.22 on Thursday. Real Estate Credit Investments has a 1-year low of GBX 111.50 and a 1-year high of GBX 128. The business has a 50-day moving average of GBX 115.20 and a 200-day moving average of GBX 118.46. The company has a debt-to-equity ratio of 38.72, a current ratio of 26.75 and a quick ratio of 0.10. The company has a market capitalization of £250.26 million, a PE ratio of 16.41 and a beta of 0.20.

Real Estate Credit Investments Company Profile

(Get Free Report)

Real Estate Credit Investments (RECI) is a closed-ended investment company which originates and invests in real estate debt secured by commercial real estate in Western Europe, focusing primarily on the United Kingdom, France and Spain.

RECI is externally managed by Cheyne Capital’s real estate business which was formed in 2008 and currently manages c. $5bn via private funds and managed accounts. RECI’s overarching aim is to deliver a stable quarterly dividend with minimal volatility, through economic and credit cycles via a levered exposure to real estate credit investments.

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