Today, Real Estate Investors PLC. (RLE) Earns Buy Rating from Liberum Capital

Today, Real Estate Investors PLC. (RLE) Earns Buy Rating from Liberum Capital

Real Estate Investors PLC. (LON:RLE)‘s stock had its “buy” rating reiterated by equities research analysts at Liberum Capital in a report released on Monday, StockTargetPrices.com reports. They presently have a GBX 67 ($0.84) price objective on the stock. Liberum Capital’s target price suggests a potential upside of 20.72% from the stock’s previous close.

Shares of Real Estate Investors PLC. (LON:RLE) remained flat at GBX 55.00 on Monday. 3,389 shares of the company’s stock traded hands. Real Estate Investors PLC. has a 12-month low of GBX 50.00 and a 12-month high of GBX 72.00. The company has a 50 day moving average of GBX 56.80 and a 200 day moving average of GBX 57.08. The stock’s market cap is GBX 102.53 billion.

The firm also recently announced a dividend, which was paid on Friday, October 28th. Stockholders of record on Thursday, September 29th were issued a GBX 0.63 ($0.01) dividend. This represents a dividend yield of 1.07%. The ex-dividend date was Thursday, September 29th.

In other news, insider Bassi,Paul acquired 20,000 shares of Real Estate Investors PLC. stock in a transaction on Monday, September 19th. The shares were purchased at an average price of GBX 58 ($0.72) per share, with a total value of £11,600 ($14,492.75).

About Real Estate Investors PLC.

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