Breaking: Newriver Retail Limited (LON:NRR) “Buy” Rating Reemphasized by Analysts at Liberum Capital Today; The Price Objective is GBX 400.00


Newriver Retail Limited (LON:NRR) Rating Reaffirmed

Equity research analysts at Liberum Capital now has a GBX 400.00 TP on Newriver Retail Limited (LON:NRR). Liberum Capital and their recent TP could mean a potential upside of 10.50% from the company’s previous stock close. The rating has been unveiled in a recent report on 1 December.

From a total of 2 analysts covering NewRiver Retail Ltd (LON:NRR) stock, 2 rate it a ”Buy”, 0 a “Sell”, and 0 a ”Hold”. This means that 100% of the ratings are positive. The highest target price is GBX 375 while the lowest target price is GBX 370. The mean of all analyst targets is GBX 372.5 with a 3.47% above today’s (GBX 360) stock price. NewRiver Retail Ltd was the topic of 5 analyst reports since August 3, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on November 18 with “Buy” rating.

The stock increased 3.23% or GBX 11.25 on December 1, striking GBX 360. Approximately 1.20 million shares of stock traded hands or 356.58% up from the average. NewRiver Retail Limited (LON:NRR) has risen 11.07% since May 4, 2015 and is uptrending. It has outperformed by 12.69% the S&P500.

Breaking: Newriver Retail Limited (LON:NRR)

NewRiver Retail Limited is a real estate investment trust and asset management firm focused on the United Kingdom retail with a particular focus on food and value retailing. The company has a market cap of 637.93 million GBP. The Company’s portfolio consists of 29 shopping centers, nine retail warehouses, 19 high streets assets and 202 public houses principally for retail conversion. It has 6.99 P/E ratio. The Company’s portfolio has 1,384 occupiers, a total of over 5.4 million square feet, total annual footfall of over 122 million and a retail occupancy rate of 96%.