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NewRiver REIT ( (GB:NRR) ) has provided an announcement.
NewRiver REIT announced that CEO Allan Lockhart exercised 203,098 nil-cost options under the company’s Deferred Bonus Plan, increasing his beneficial interest in the company. To cover associated tax liabilities, 96,013 shares were sold, with the transaction being compliant with UK Market Abuse Regulation. This move reflects the company’s ongoing commitment to aligning management interests with shareholder value, potentially impacting investor confidence positively.
The most recent analyst rating on (GB:NRR) stock is a Buy with a £80.00 price target. To see the full list of analyst forecasts on NewRiver REIT stock, see the GB:NRR Stock Forecast page.
Spark’s Take on GB:NRR Stock
According to Spark, TipRanks’ AI Analyst, GB:NRR is a Outperform.
NewRiver REIT’s strong financial performance and attractive valuation are key strengths, supported by positive technical indicators and strategic corporate events. However, high leverage and refinancing needs present potential risks.
To see Spark’s full report on GB:NRR stock, click here.
More about NewRiver REIT
NewRiver REIT plc operates in the real estate investment trust (REIT) industry, focusing on retail and leisure properties across the UK. The company primarily invests in community shopping centers, retail parks, and pubs, aiming to deliver sustainable income returns for its stakeholders.
Average Trading Volume: 1,153,633
Technical Sentiment Signal: Buy
Current Market Cap: £309.3M
For a thorough assessment of NRR stock, go to TipRanks’ Stock Analysis page.