Berenberg Bank upgraded shares of Urban Logistics REIT (LON:SHED – Get Rating) to a buy rating in a research report released on Monday morning, Digital Look reports. They currently have GBX 170 ($2.01) price target on the stock, down from their previous price target of GBX 180 ($2.13).
Separately, Shore Capital reiterated a buy rating on shares of Urban Logistics REIT in a research report on Friday, November 11th.
Urban Logistics REIT Trading Down 0.0 %
Shares of LON:SHED opened at GBX 150.50 ($1.78) on Monday. The company has a quick ratio of 2.30, a current ratio of 2.30 and a debt-to-equity ratio of 36.17. Urban Logistics REIT has a 12-month low of GBX 114.21 ($1.35) and a 12-month high of GBX 200 ($2.36). The business has a 50 day moving average of GBX 139.73 and a 200-day moving average of GBX 159.85. The stock has a market cap of £710.30 million and a PE ratio of 307.14.
Urban Logistics REIT Cuts Dividend
Urban Logistics REIT Company Profile
Urban Logistics REIT plc (the "Company") and its subsidiaries (the "Group") carry on the business of property lettings throughout the United Kingdom. The Company is a public limited company incorporated and domiciled in England and Wales and listed on AIM, part of the London Stock Exchange.
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