Peel Hunt Reaffirms Buy Rating for Regional REIT (LON:RGL)
Peel Hunt reaffirmed their buy rating on shares of Regional REIT (LON:RGL) in a research note released on Thursday, ThisIsMoney.Co.Uk reports.
Shares of RGL opened at GBX 105.80 ($1.38) on Thursday. The stock has a fifty day simple moving average of GBX 107.56. Regional REIT has a fifty-two week low of GBX 1.13 ($0.01) and a fifty-two week high of GBX 110 ($1.44). The company has a market capitalization of $394.45 million and a PE ratio of 5.85. The company has a debt-to-equity ratio of 87.28, a current ratio of 1.52 and a quick ratio of 1.37.
The firm also recently declared a dividend, which was paid on Friday, July 12th. Investors of record on Thursday, June 6th were given a GBX 1.90 ($0.02) dividend. This represents a yield of 1.8%. The ex-dividend date of this dividend was Thursday, June 6th. Regional REIT’s dividend payout ratio is presently 0.55%.
Regional REIT Limited (Regional REIT) is a United Kingdom-based real estate investment trust (REIT). The Company operates through four segments: Industrial, Office, Retail and Residential. The Company’s commercial property portfolio is in the United Kingdom and comprises offices and industrial units located in the regional centers of the United Kingdom outside of the M25 motorway.
Recommended Story: What is the Ex-Dividend Date in Investing?
Receive News & Ratings for Regional REIT Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Regional REIT and related companies with MarketBeat.com's FREE daily email newsletter.