Regional REIT (LON:RGL) Rating Reiterated by Shore Capital

Shore Capital reaffirmed their buy rating on shares of Regional REIT (LON:RGLGet Rating) in a research note released on Wednesday morning, MarketBeat Ratings reports.

Shares of RGL opened at GBX 84.90 ($1.07) on Wednesday. The firm’s 50-day moving average price is GBX 86.14 and its 200-day moving average price is GBX 88.56. The firm has a market capitalization of £437.86 million and a price-to-earnings ratio of 13.48. The company has a current ratio of 1.46, a quick ratio of 1.13 and a debt-to-equity ratio of 89.54. Regional REIT has a 1-year low of GBX 76 ($0.96) and a 1-year high of GBX 96 ($1.21).

The business also recently announced a dividend, which will be paid on Friday, July 15th. Stockholders of record on Wednesday, June 1st will be paid a dividend of GBX 1.65 ($0.02) per share. This represents a dividend yield of 1.96%. The ex-dividend date of this dividend is Wednesday, June 1st. Regional REIT’s payout ratio is 1.00%.

Regional REIT Company Profile (Get Rating)

Regional REIT Limited ("Regional REIT" or the "Company") and its subsidiaries (the "Group") is a United Kingdom ("UK") based real estate investment trust that launched in November 2015. It is managed by London & Scottish Property Investment Management Limited, the Asset Manager, and Toscafund Asset Management LLP, the Investment Manager.

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