Shares of Neuberger Berman Real Estate Securities Income Fund Inc. (NYSE American:NRO) traded today at $5.03, eclipsing its 52-week high. So far today approximately 94,000 shares have been exchanged, as compared to an average 30-day volume of 171,000 shares.
In the past 52 weeks, shares of Neuberger Berman Real Estate Securities Income Fund Inc. have traded between a low of $3.47 and a high of $5.03 and is now at $5.01, which is 44% above that low price.
Based on a current price of $5.01, Neuberger Berman Real Estate Securities Income Fund Inc. is currently 0.5% above its average consensus analyst price target of $4.98.
NEUBERGER BERMAN REAL ESTATE SECURITIES INCOME FUND INC is a closed-end management investment company that invests mainly in securities issued by real estate companies, including real estate investment trusts (REITs). Its primary objective is to gain high current income with capital appreciation being the second. The fund invests in sectors, such as apartments, commercial services, community centers, freestanding, healthcare, industrial, lodging, manufactured homes, office, regional malls, and self-storage.
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