NewRiver REIT (LON:NRR) Reaches New 12-Month High - Still a Buy?

NewRiver REIT plc (LON:NRR - Get Free Report)'s share price reached a new 52-week high on Friday . The stock traded as high as GBX 81.70 and last traded at GBX 80.97, with a volume of 1232401 shares. The stock had previously closed at GBX 79.80.Get NewRiver REIT alerts:Analyst Upgrades and DowngradesA number of research analysts have issued reports on NRR shares. Shore Capital Group reissued a "house stock" rating on shares of NewRiver REIT in a research note on Wednesday, January 28th. Panmure Gordon reaffirmed a "buy" rating and issued a GBX 100 target price on shares of NewRiver REIT in a research report on Tuesday, December 2nd. Finally, Berenberg Bank decreased their price target on NewRiver REIT from GBX 128 to GBX 98 and set a "buy" rating for the company in a research note on Tuesday, January 27th. Three research analysts have rated the stock with a Buy rating, According to data from MarketBeat, the stock has a consensus rating of "Buy" and a consensus price target of GBX 97.67.View Our Latest Stock Analysis on NewRiver REITNewRiver REIT Stock Up 1.5%The company has a debt-to-equity ratio of 90.77, a quick ratio of 3.00 and a current ratio of 5.48. The firm has a fifty day simple moving average of GBX 71.90 and a 200-day simple moving average of GBX 71.38. The firm has a market cap of £348.52 million, a price-to-earnings ratio of 11.91, a P/E/G ratio of -3.14 and a beta of 1.10. NewRiver REIT (LON:NRR - Get Free Report) last issued its quarterly earnings data on Tuesday, December 2nd. The real estate investment trust reported GBX 3.10 earnings per share for the quarter. NewRiver REIT had a net margin of 4.16% and a return on equity of 0.78%. As a group, sell-side analysts expect that NewRiver REIT plc will post 7.4795268 EPS for the current year. Insider Activity at NewRiver REITIn related news, insider Allan Lockhart sold 168,890 shares of NewRiver REIT stock in a transaction that occurred on Friday, December 12th. The stock was sold at an average price of GBX 68, for a total transaction of £114,845.20. Insiders own 2.57% of the company's stock. About NewRiver REIT (Get Free Report)NewRiver is a leading Real Estate Investment Trust specialising in buying, managing and developing retail and leisure assets across the UK. Every day, our shopping centres, retail parks and pubs provide essential goods and services to their local communities. See AlsoFive stocks we like better than NewRiver REITThe gold chart Wall Street is terrified of…America’s 1776 happening againThis makes me furiousBuy this Gold Stock Before May 2026What a Former CIA Agent Knows About the Coming CollapseThis instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest reporting and unbiased coverage. Please send any questions or comments about this story to contact@marketbeat.com.Should You Invest $1,000 in NewRiver REIT Right Now?Before you consider NewRiver REIT, you'll want to hear this.MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and NewRiver REIT wasn't on the list.While NewRiver REIT currently has a Buy rating among analysts, top-rated analysts believe these five stocks are better buys.View The Five Stocks Here