After Today’s Huge Increase, Is Newriver Reit PLC’s Near-Term Analysis Positive?

 After Today's Huge Increase, Is Newriver Reit PLC's Near Term Analysis Positive?

The stock of Newriver Reit PLC (LON:NRR) is a huge mover today! The stock increased 0.46% or GBX 1.5 on November 18, hitting GBX 326.5. About 518,050 shares traded hands or 91.66% up from the average. Newriver Reit PLC (LON:NRR) has declined 2.26% since April 21, 2016 and is downtrending. It has underperformed by 6.69% the S&P500.
The move comes after 8 months positive chart setup for the GBX 791.77M company. It was reported on Nov, 18 by Barchart.com. We have GBX 551.79 PT which if reached, will make LON:NRR worth GBX 546.32M more.

Newriver Reit PLC (LON:NRR) Ratings Coverage

Out of 3 analysts covering NewRiver Retail Ltd (LON:NRR), 3 rate it a “Buy”, 0 “Sell”, while 0 “Hold”. This means 100% are positive. GBX 400 is the highest target while GBX 340 is the lowest. The GBX 350 average target is 7.20% above today’s (GBX 326.5) stock price. NewRiver Retail Ltd has been the topic of 23 analyst reports since August 3, 2015 according to StockzIntelligence Inc. The firm has “Buy” rating by Peel Hunt given on Thursday, November 17. The stock of Newriver Reit PLC (LON:NRR) earned “Buy” rating by Peel Hunt on Wednesday, May 25. Liberum Capital maintained the stock with “Buy” rating in Wednesday, August 12 report. The company was maintained on Friday, May 27 by Liberum Capital. On Monday, March 14 the stock rating was maintained by Liberum Capital with “Buy”. As per Wednesday, January 20, the company rating was maintained by Liberum Capital. The firm earned “Buy” rating on Wednesday, March 30 by Liberum Capital. On Tuesday, April 12 the stock rating was maintained by Peel Hunt with “Buy”. The firm has “Buy” rating given on Wednesday, July 6 by Berenberg. Liberum Capital maintained it with “Buy” rating and GBX 370 target price in Monday, August 24 report.

Another recent and important Newriver Reit PLC (LON:NRR) news was published by Uk.Finance.Yahoo.com which published an article titled: “-LSE Ticker: D7XPJ6/ISIN: GB00BD7XPJ64” on March 29, 2014.

NewRiver REIT plc is a real estate investment trust engaged in the real estate business in the United Kingdom. The company has a market cap of 791.77 million GBP. The Firm is a retail and leisure property investor, asset manager and developer. It has a 7.92 P/E ratio. The Firm 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.

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