Regional REIT Limited (LON:RGL – Get Free Report)’s stock price passed above its fifty day moving average during trading on Thursday . The stock has a fifty day moving average of GBX 93.40 and traded as high as GBX 98. Regional REIT shares last traded at GBX 97, with a volume of 122,326 shares changing hands.
Analyst Upgrades and Downgrades
Separately, Shore Capital Group reissued a “house stock” rating on shares of Regional REIT in a research report on Thursday, June 18th. One analyst has rated the stock with a Buy rating, According to data from MarketBeat.com, the stock presently has an average rating of “Buy” and an average target price of GBX 140.
Regional REIT Stock Performance
Regional REIT Company Profile
Regional REIT Limited is a UK based real estate investment trust, focused on building a large geographically diverse portfolio of income producing regional properties outside of the M25 motorway.
Regional REIT pursues its investment objective by investing in, actively managing and disposing of regional core property and core plus property assets. It aims to deliver an attractive total return to its shareholders, with a strong focus on income supported by additional capital growth prospects.
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