Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
NewRiver REIT ( (GB:NRR) ) just unveiled an announcement.
NewRiver REIT plc has announced its total voting rights, with an issued share capital consisting of 429,969,475 ordinary shares, of which 3,298,567 are held in the Employee Benefit Trust. This results in a total of 426,670,908 voting rights, a figure that shareholders can use to determine their notification obligations under the FCA’s Disclosure and Transparency Rules. This announcement provides clarity on shareholder voting power, potentially impacting investor decisions and market perceptions of the company’s governance structure.
The most recent analyst rating on (GB:NRR) stock is a Hold with a £78.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
Spark’s Take on GB:NRR Stock
According to Spark, TipRanks’ AI Analyst, GB:NRR is a Neutral.
NewRiver REIT’s overall score is driven by its strong financial performance, particularly in revenue growth and profitability, despite high leverage risks. The stock’s valuation is attractive due to a low P/E ratio and high dividend yield. Technical indicators suggest stable price trends, though short-term momentum is neutral.
To see Spark’s full report on GB:NRR stock, click here.
More about NewRiver REIT
NewRiver REIT plc operates in the real estate investment trust (REIT) industry, focusing on retail and leisure properties across the UK. The company primarily invests in and manages shopping centers, retail parks, and community-focused retail spaces, aiming to enhance value for shareholders through active asset management and strategic acquisitions.
Average Trading Volume: 837,363
Technical Sentiment Signal: Buy
Current Market Cap: £306.7M
See more data about NRR stock on TipRanks’ Stock Analysis page.