Real Estate Investors PLC. with ticker (LON:RLE) now has a potential upside of 22.6% according to Liberum Capital.
Liberum Capital set a target price of 50 GBX for the company, which when compared to the Real Estate Investors PLC. share price of 39 GBX at opening today (09/12/2021) indicates a potential upside of 22.6%. Trading has ranged between 31 (52 week low) and 43 (52 week high) with an average of 85,386 shares exchanging hands daily. The market capitalisation at the time of writing is £69,150,140.
Real Estate Investors Plc (REI) is a real estate investment trust (REIT). The Company invests in real estate assets in the markets of central Birmingham and the Midlands. The Company generates rental income from retail, office and residential land and property, new lettings, rent reviews, lease renewals, refurbishment, change of use and planning gains. It has a range of occupiers from national and regional multiple retailers to government and corporate office occupiers. Its property portfolio York House, 40 St Paul’s Square, 75-77 Colmore Row, 104/106 Colmore Row, 102 Colmore Row, Brandon Court, 25-26 Dudley Street, 124-125 Osbourne Road, 25-25a Institute Road, St. Austell House, 23 Market Street, 68-72 London Street, The Marlowes, 1-2 Hanover Buildings, 3 Hanover Buildings, 31 High Street, 82 High Street and 24-48 The Broadway & 1-2 Cross Keys. Its subsidiaries include Boothmanor Limited, Eurocity (Crawley) Limited and Real Homes One Limited.