A statement released today by Berenberg about NewRiver Retail Ltd (LON:NRR) holds the target price at 365.00GBX
- Updated: February 12, 2017
Yesterday NewRiver Retail Ltd (LON:NRR) traded -1.09% lower at 320.50GBX. The company’s 50-day moving average is 330.88GBX and its 200-day moving average is 324.32GBX. The last stock close price is down -0.95% from the 200-day moving average, compared to the S&P 500 which has increased 0.06% over the same time. 556,523 shares of the stock were exchanged, down from an average trading volume of 746,718
In a report released on 2/9/2017 Berenberg hold steady the target of NewRiver Retail Ltd (LON:NRR) from 365.00GBX to 365.00GBX indicating a possible upside of 0.14%.
Previously on Friday February 03, 2017, Liberum Capital reported about NewRiver Retail Ltd (LON:NRR) held steady the target price at 340.00GBX. At the time, this indicated a possible upside of 0%.
See Chart Below
NewRiver Retail Ltd has a price-earnings ratio of 18.57 with a 52 week low of 269.00GBX and a 52 week high of 349.80GBX NewRiver Retail Ltd’s market capitalization is currently 0 GBX.
In addition to Berenberg reporting its stock price target, a total of 3 brokers have issued a research note on the company. The average stock price target is 355.00GBX with 2 brokers rating the stock a strong buy, 1 broker rating the stock a buy, 0 brokers rating the stock a hold, 0 brokers rating the stock a underperform, and finally 0 brokers rating the stock a sell.
Brief Synopsis On NewRiver Retail Ltd (LON:NRR)
NewRiver REIT plc is a real estate investment trust engaged in the real estate business in the United Kingdom. The Company is a retail and leisure property investor, asset manager and developer. The Company 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. The portfolio totals approximately eight million square feet with over 2,000 occupiers. The Company is focused on convenience-led retail assets that cater for everyday household spending needs. The Company operates shopping centers, such as Broadway Shopping Centre, Sovereign, Promenades, The Martlets and Priory Meadow. It operates high street assets, such as 39 Broad Walk, 5 Trinity Square and Golden Square. It operates retail warehouses, such as Waterfront Retail Park, Mount Street Retail Park and Cuckoo Bridge Retail Park.
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