Liberum Capital reiterated their buy rating on shares of Real Estate Investors PLC. (LON:RLE) in a research report sent to investors on Wednesday. The brokerage currently has a GBX 70 ($0.92) target price on the stock.
Real Estate Investors PLC. (LON:RLE) remained flat at $GBX 60.50 ($0.80) during trading hours on Wednesday. 16,083 shares of the company’s stock were exchanged, compared to its average volume of 8,328. Real Estate Investors PLC. has a fifty-two week low of GBX 52 ($0.68) and a fifty-two week high of GBX 65.39 ($0.86).
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The firm also recently announced a dividend, which was paid on Tuesday, October 31st. Investors of record on Thursday, September 28th were issued a GBX 0.75 ($0.01) dividend. This represents a yield of 1.25%. The ex-dividend date was Thursday, September 28th.
About Real Estate Investors PLC.
Real Estate Investors Plc (REI) is a real estate investment trust (REIT). The Company invests in real estate assets in the markets of central Birmingham and the Midlands. The Company generates rental income from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains.
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