Newriver Reit PLC 33.8% potential upside indicated by Liberum Capital

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Newriver Reit PLC with ticker (LON:NRR) now has a potential upside of 33.8% according to Liberum Capital.

Liberum Capital set a target price of 130 GBX for the company, which when compared to the Newriver Reit PLC share price of 86 GBX at opening today (07/12/2021) indicates a potential upside of 33.8%. Trading has ranged between 70 (52 week low) and 109 (52 week high) with an average of 1,170,823 shares exchanging hands daily. The market capitalisation at the time of writing is £264,890,043.

NewRiver REIT PLC is a United Kingdom-based real estate investment trust company. The Company is specialized in buying, managing and developing community and convenience led retail and leisure assets across the United Kingdom. It owns and manages a portfolio of commercial assets within the United Kingdom, which includes shopping centers, retail warehouses, high street shops and several development properties. Its shopping centers, retail parks and pubs provide essential goods and services to their local communities. The Company’s operates under one segment, retail property. The retail investments comprise shopping centers, retail warehouses and high street stores. The Company offers a range of mixed-use development opportunities.

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