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Peel Hunt disclosed NewRiver Retail Ltd (LON:NRR), supporting its price target at 345.00GBX earlier today

Having a price of 334.50GBX, NewRiver Retail Ltd (LON:NRR) traded -0.97% lower on the day. With the last stock price up 4.88% from the two hundred day average, compared with the Standard & Poor's 500 Index which has decreased -0.03% over the same period. NRR has recorded a 50-day average of 316.06GBX and a two hundred day average of 316.06GBX. Trade Volume was down over the average, with 304,563 shares of NRR changing hands under the typical 309,243

Reporting a potential upside of 0.03%, Peel Hunt hold steady the price target of NewRiver Retail Ltd (LON:NRR) at 345.00GBX

On Thursday November 17, 2016, Peel Hunt released a statement about NewRiver Retail Ltd (LON:NRR) maintained the target price at 345.00GBX that suggested an upside of 0.10%.

Recent Performance Chart

NewRiver Retail Ltd (LON:NRR)

NewRiver Retail Ltd has PE ratio of 19.16 with a one year low of 269.00GBX and a one year high of 362.00GBX and has a market capitalization of 0 GBX.

A total of 3 brokerages have issued a ratings update on NewRiver Retail Ltd. Two brokerages rating the company a strong buy, one brokerage rating the company a buy, zero brokerages rating the company a hold, zero brokerages rating the company a underperform, and finally zero brokerages rating the company a sell with a 12-month price target of 355.00GBX.

General Company Details For 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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