Key Points
- Insider purchase: Director Stephen Inglis bought 50,000 shares on Nov 21 at GBX 101 each (≈£50,500), after previously buying 40,000 shares on Sept 11 at GBX 124.
- Weak recent results: Regional REIT reported quarterly EPS of GBX (4.90) with a net margin of -89.9% and ROE of -28.79%, and has a market cap of about £166.6m.
- Analyst view: The stock has a consensus rating of "Buy" with an average target of GBX 140 (Peel Hunt reiterated a GBX 140 buy target while Shore Capital rates it a "house stock").
Regional REIT Limited (LON:RGL - Get Free Report) insider Stephen Inglis bought 50,000 shares of the business's stock in a transaction dated Friday, November 21st. The stock was acquired at an average cost of GBX 101 per share, for a total transaction of £50,500.
Stephen Inglis also recently made the following trade(s):
- On Thursday, September 11th, Stephen Inglis bought 40,000 shares of Regional REIT stock. The shares were acquired at an average price of GBX 124 per share, for a total transaction of £49,600.
Regional REIT Stock Up 1.4%
Shares of Regional REIT stock opened at GBX 102.80 on Wednesday. Regional REIT Limited has a twelve month low of GBX 97.60 and a twelve month high of GBX 130.80. The stock has a market cap of £166.63 million, a price-to-earnings ratio of -20.16 and a beta of 0.90. The company has a current ratio of 0.67, a quick ratio of 1.30 and a debt-to-equity ratio of 153.74. The company has a fifty day moving average price of GBX 111.36 and a 200 day moving average price of GBX 117.71.
Regional REIT (LON:RGL - Get Free Report) last released its quarterly earnings data on Tuesday, September 9th. The company reported GBX (4.90) EPS for the quarter. Regional REIT had a negative net margin of 89.90% and a negative return on equity of 28.79%.
Analyst Ratings Changes
RGL has been the topic of several recent research reports. Peel Hunt reissued a "buy" rating and set a GBX 140 price target on shares of Regional REIT in a research report on Thursday, September 18th. Shore Capital reissued a "house stock" rating on shares of Regional REIT in a research report on Wednesday, November 12th. One investment analyst has rated the stock with a Buy rating, According to MarketBeat, the company has a consensus rating of "Buy" and an average target price of GBX 140.
View Our Latest Report on Regional REIT
Regional REIT Company Profile
(
Get Free Report)
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.
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