Analyst Price Target is GBX 105
▲ +43.84% Upside Potential
This price target is based on 2 analysts offering 12 month price targets for NewRiver REIT in the last 3 months. The average price target is GBX 105, with a high forecast of GBX 120 and a low forecast of GBX 90. The average price target represents a 43.84% upside from the last price of GBX 73.
Current Consensus is
Buy
The current consensus among 2 polled investment analysts is to buy stock in NewRiver REIT. This Buy consensus rating has held steady for over two years.
NewRiver REIT plc ('NewRiver') is a leading Real Estate Investment Trust specialising in buying, managing and developing resilient retail assets throughout the UK. Our £0.6 billion UK wide portfolio covers 6.4 million sq ft and comprises 25 community shopping centres and 12 conveniently located retail parks occupied by tenants predominately focused on essential goods and services. In addition we manage 18 retail parks and 5 shopping centres on behalf of Capital Partners, taking our total Assets Under Management to £1.3 billion. Our objective is to own and manage the most resilient retail portfolio in the UK, focused on retail parks, core shopping centres, and regeneration opportunities in order to deliver long-term attractive recurring income returns and capital growth for our shareholders. NewRiver has a Premium Listing on the Main Market of the London Stock Exchange (ticker: NRR).
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