Redefine International PLC (LON:RDI) Given “Neutral” Rating at J P Morgan Chase & Co

J P Morgan Chase & Co reaffirmed their neutral rating on shares of Redefine International PLC (LON:RDI) in a research note issued to investors on Friday, October 27th. They currently have a GBX 43 ($0.57) target price on the stock.

Separately, Peel Hunt reissued a buy rating and set a GBX 48 ($0.63) price target on shares of Redefine International PLC in a report on Thursday, August 31st.

Shares of Redefine International PLC (RDI) opened at GBX 37.88 ($0.50) on Friday. Redefine International PLC has a 1-year low of GBX 35.09 ($0.46) and a 1-year high of GBX 40.95 ($0.54).

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The business also recently declared a dividend, which will be paid on Monday, December 18th. Shareholders of record on Thursday, November 30th will be issued a dividend of GBX 1.30 ($0.02) per share. This represents a yield of 3.49%. The ex-dividend date of this dividend is Thursday, November 30th.

Redefine International PLC Company Profile

Redefine International P.L.C. is a United Kingdom-based real estate investment trust (REIT). The Company’s segments include UK Retail, UK Hotels, UK Commercial, Europe and Other. The UK Retail segment consists of approximately six shopping centers and over five retail parks. The UK Hotels segment consists of approximately eight hotels in Greater London and South East, England and over one hotel in Edinburgh, Scotland, and holds interests in Redefine BDL Hotel Group Limited, which leases and manages its hotel properties except for the Enfield Travelodge.

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