17.85 % to Target, Berenberg Reconfirms ‘”Buy”’ Rating on NewRiver Retail Ltd (LON:NRR) Shares Today

June 18, 2018 - By Ellis Scott

NewRiver REIT plc (LON:NRR) Logo

NewRiver Retail Ltd (LON:NRR) Rating Reaffirmed

Recently, In an analyst note sent to clients and investors on Monday, 18 June, NewRiver Retail Ltd (LON:NRR) shares have had their “Buy” Rating maintained by research professionals at Berenberg, who currently has a GBX 340.00 target on firm. This target by Berenberg means the possibile upside of 17.85 % from the last close price.

NewRiver REIT plc (LON:NRR) Ratings Coverage

Among 4 analysts covering NewRiver Retail Ltd (LON:NRR), 4 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. NewRiver Retail Ltd has GBX 380 highest and GBX 320 lowest target. GBX 352.50’s average target is 23.25% above currents GBX 286 stock price. NewRiver Retail Ltd had 18 analyst reports since January 8, 2018 according to SRatingsIntel. As per Thursday, February 15, the company rating was maintained by Liberum Capital. The rating was maintained by Liberum Capital on Tuesday, March 20 with “Buy”. Peel Hunt maintained NewRiver REIT plc (LON:NRR) on Thursday, May 10 with “Add” rating. As per Monday, January 8, the company rating was maintained by Liberum Capital. Liberum Capital maintained the shares of NRR in report on Monday, May 21 with “Buy” rating. The stock has “Add” rating by Peel Hunt on Thursday, April 5. Liberum Capital maintained the stock with “Buy” rating in Thursday, June 7 report. Berenberg maintained the shares of NRR in report on Monday, June 18 with “Buy” rating. The company was maintained on Thursday, June 7 by Peel Hunt. The stock of NewRiver REIT plc (LON:NRR) has “Buy” rating given on Thursday, May 24 by Liberum Capital.

The stock increased 0.53% or GBX 1.5 during the last trading session, reaching GBX 286. About 99,583 shares traded. NewRiver REIT plc (LON:NRR) has 0.00% since June 18, 2017 and is . It has underperformed by 12.57% the S&P500.

NewRiver REIT pic is a premium listed REIT on the London Stock Exchange and a constituent of the FTSE 250 and EPRA indices. The company has market cap of 866.90 million GBP. The Firm is a specialist real estate investor, asset manager and developer focused solely on the UK retail and leisure sector. It has a 17.88 P/E ratio. Founded in 2009, NewRiver is one of the UK's largest owner/managers of convenience-led shopping centres with assets under management of £1.3 billion principally comprising 33 UK wide shopping centres together with further nationwide retail and leisure assets.

Another recent and important NewRiver REIT plc (LON:NRR) news was published by Equitiesfocus.com which published an article titled: “Newriver Reit (NRR) Stock Rating Reaffirmed by Liberum Capital” on June 14, 2018.

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