Edison Investment Research

Race Oncology

Pharmaceuticals & healthcare

Randall & Quilter Investment Holdings

Financials

Randall & Quilter is an insurance specialist undertaking the servicing of, and investment in, non-life, run-off portfolios, captive insurance companies and new entrants to the Lloyd’s market.

Range Resources

Oil & gas

Range Resources is a dual ASX and AIM-listed E&P junior with projects in Puntland-Somalia, the Republic of Georgia, Texas and Trinidad.

Rare Element Resources

Mining

Rare Element Resources is a mineral resource company currently advancing the development of the Bear Lodge rare earth oxide project in Wyoming, US.

Raven Property Group

Property

Raven Property Group (formerly Raven Russia) invests mainly in Class A warehouses in Russia. It also owns three office buildings in St Petersburg, a third-party logistics company in Russia and a residential development company in the UK.

Real Energy

Oil & gas

Real Estate Investar Group

Technology

Real Estate Investar comprises Real Estate Investar Group Limited and its wholly owned subsidiaries including, Real Estate Investar Australia Pty Limited and Real Estate Investar Ltd, which own and operate the 'REI' websites www.realestateinvestar.com.au and www.realestateinvestar.co.nz. Real Estate Investar is a leading provider of integrated online services to Australian and New Zealand property investors to assist in the identification, analysis, acquisition, tracking and accounting of residential investment property.

Record

Financials

Record is a specialist independent currency manager that provides a number of products and services, including passive and dynamic hedging, and a range of currency for return strategies, including funds and customised segregated accounts.

Redbubble

Consumer Support Services

RedFlow

Engineering

RedFlow designs and manufactures high performance energy storage systems, which include its proprietary zinc bromine battery, the ZBM. These are sold to electricity distribution companies for large scale energy storage.

RedHill Biopharma

Pharmaceuticals & healthcare

RedHill Biopharma is a specialty pharma company with a broad R&D pipeline focusing on gastrointestinal and inflammatory diseases and also promotes four GI products in the US. The most advanced programs are TALICIA (RHB-105) for H. pylori infection, RHB-104 for Crohn’s disease, BEKINDA for gastroenteritis and IBS-D, and RHB-204 for NTM.

Reed Elsevier

Technology

Reed Elsevier is a world leading provider of information solutions for professionals.

Regency Mines

Mining

Regency Mines is a multi-commodity exploration and investment company trading on AIM, Frankfurt and PLUS. Its flagship assets are the large-scale Mambare nickel laterite project in Papua New Guinea and a 21% interest in Red Rock Resources.

Regional REIT

Property

Regional REIT owns a highly diversified commercial property portfolio of predominantly offices and light industrial units located in the regional centres of the UK. It is actively managed and targets a total shareholder return of at least 10% with a strong focus on income.

Relmada Therapeutics

Pharmaceuticals & healthcare

Relmada is an emerging pharma product company focusing on pain treatment. Its four key products, LevoCap ER, d Methadone, BuTab ER and MepiGel, focus on large, lucrative segments of the pain market. LevoCap should enter Ph III this year.

ReNeuron Group

Pharmaceuticals & healthcare

ReNeuron is a UK biotech company developing allogeneic cell therapies: CTX neural stem cell products for stroke disability (Phase IIb) and human retinal progenitor cells for retinitis pigmentosa (Phase I/II).

Renewable Energy Generation

Alternative Energy

RENN Universal Growth Investment Trust

Investment trusts

RUG’s investment objective is to achieve capital growth and outperform its benchmark, the Russell 2000 Index. Investments are made in companies listed, quoted or domiciled in the US and Canada, typically with market capitalisations below $1bn. RUG may also invest in unlisted US companies.

Rentokil

Industrial Support Services

Results.com

Technology

REVA Medical

Pharmaceuticals & healthcare

REVA Medical is a US-based medical device company focused on the development of sirolimus-eluting bioresorbable stent, using its proprietary design and tyrosine-derived carbonate radio-opaque polymer technology. The company's equity is listed as CDIs (10 CDI = one common share) on ASX.

Rex Bionics

Technology

Rex Bionics is a pioneer in the field of medical exoskeletons. It is focused on rehabilitating and improvement in the mobility of patients with spinal cord injury. Its two key markets are rehabilitation centres and home use. Fourteen devices are currently in use, but clinical trials demonstrating the medical benefits to patients and commercial benefits to rehab centres has recently been initiated; with promising data from the first trial. A reverse DCF implies growth in sales to only 207 units by 2020 is required to justify the current share price, and the market therefore appears to be applying a significant discount for the uncertainty of success. Evidence of medical benefit from the clinical trials will be a key catalyst for upside.

RF Industries

Electronics & Electrical Equipment

RF Industries is a leading designer and manufacturer of innovative interconnect products and complex cable assemblies across diversified, high-growth markets, including wireless carriers and amp; infrastructure, medical and industrial.

Rheinmetall

Technology

Richmont Mines

Mining

Richmont Mines has several gold mines, mostly underground, across Quebec and Ontario. Production of c 63,000oz is expected in 2013 from a resource base of 4.6Moz. The exploration portfolio contains gold assets at various stages in the same geography.

Ringmetall

General Industrials

Ringmetall manufactures specialist industrial packaging solutions. Its core products are drum closing systems for the chemicals, pharmaceuticals and food sectors. It is also active in industrial handling where it manufactures speciality forklift components and specialist components for trucks and industrial and agricultural vehicles.

RM

Technology

RM provides educational products and services to schools, colleges and universities, local government, and central government education departments and agencies.

Robust Resources

Mining

Robust Resources is an Asia-based explorer seeking to develop low-cost mining operations. Its principal assets are the Lakuwahi gold and base metal project on Romang Island, Indonesia, and the Andash, Talas and Bashkol projects in the Kyrgyz Republic.

Rockhopper Exploration

Oil & gas

Rockhopper is a London-listed E&P with fully funded development of Sea Lion, a 500+mmbbl field in the Falklands as well as the potential of a similar size discovery to the south. It also holds production and exploration assets in the Mediterranean.

Rolls-Royce

Aerospace & Defence

Rolls-Royce designs, develops, manufactures and services power systems for air, land and sea use. It is one of the world’s leading aero engines suppliers for large civil aircraft and business jets, and second in military engines and services.

Rotala

Industrial Support Services

Robust's principal assets are the Lakuwahi gold and base metal project on Romang Island, Indonesia and its 87.3% interest in AIM-listed Tengri Resources, which holds the Andash, Talas and Bashkol gold/copper projects in the Kyrgyz Republic.

Rovi

Pharmaceuticals & healthcare

Rovi is a fully integrated, Spain-domiciled, speciality pharma company, which researches, manufactures and markets a wide array of pharmaceuticals. It has 30 marketed products across nine core franchises. Its flagship product, Hibor (bemiparin), represented c 28% of 2016 revenues.

RPC Group

Basic Industries

RPC is Europe’s leading supplier of rigid plastic packaging through its activities injection moulding (59% sales), blow moulding (17%) and thermoforming (24%).

Rubicon

Construction & Building Materials

Rubicon is an NZX-listed investment company whose ArborGen subsidiary is the world’s largest integrated developer, commercial manufacturer and supplier of advanced forestry seedlings with operations in the US, Brazil and Australasia.

Rurelec

Alternative Energy

Rurelec owns, operates and develops power plants, mainly in Latin America, and sponsors new generating capacity in Bangladesh. It currently has 136MW of gas-fired plant operating in Argentina, and projects in Chile and Peru.

RWS Holdings

Consumer Support Services

Provision of intellectual property support services and high level technical, legal and financial translation services.

Ramba Energy

Oil & gas

Ramba Energy is a Singapore-listed company with two key business units: Richland Logistics, end-to-end logistics solutions across the Asia Pacific region; and Ramba Energy, focused on exploration and development activities within three onshore licences in Indonesia.

Randgold Resources

Mining

Incorporated in the Channel Islands and listed in London and New York, Randgold Resources is a gold mining company with two operating mines in southern and western Mali, called Morila (40% effective interest) and Loulo (80% interest). In addition, it has delineated a 4.4Moz deposit at Tongon (84% interest) in Cote d'Ivoire and a 3.4Moz one at Massawa (83% interest) in Senegal.

Rank Group

Travel & Leisure

Rank is a gaming-based leisure and entertainment company. Its Grosvenor and Mecca brands are market leaders in UK multi-channel gaming and it also has operations in Spain and Belgium. In FY17, 85% of revenues came from its venues and 15% from its digital operations.

Rathbone Brothers

Investment trusts

Rathbone Brothers provides investment management, financial planning, private banking, fund management and trust administration services.

RCM Beteiligungs

Financials

RCM Beteiligungs is primarily a residential property developer focusing on the refurbishment of assets in the area of Dresden, Saxony. Additionally it invests in financial assets. RCM acquires low to medium value residential multi-family homes and modernises them. The objective is to achieve rent increases and an appreciation of the asset value. RCM realises value by selling the asset and re-investing in new real estate assets and opportunistic financial participations. While the real estate business accounted for 89% of revenues and represented 70% of the balance sheet total of €55m in 2016, the financial holdings and participation business represented 11% of revenues and tripled in value to €5.5m.

Real Energy Corporation

Oil & gas

REALTECH

Technology

REALTECH provides SAP consulting services (66% of FY13 revenues) and proprietary software products (34% of FY13 revenues). The software business develops IT service management software and its core product is theGuard!. 70% of revenues are generated in Germany.

Red Rock Resources

Mining

Listed on AIM in July 2005, Red Rock Resources is now a combination of a junior gold explorer and a mining finance house, focused on the discovery and development of iron ore, gold, steel feed and uranium globally.

Redflex Holdings

Technology

Redhall Group

Industrial Support Services

Redhall Group operates seven niche engineering service businesses. Its main markets are: nuclear; oil & gas; food; defence; safety and security; and transport infrastructure.

Redstone

Technology

Redstone is an independent provider of IT and communications solutions for business and public sector organisations in the UK and Ireland.

Regal Petroleum

Oil & gas

Regal Petroleum is an independent oil and gas producer focused on condensate and gas development and production from its major assets in Ukraine and appraising in Romania and Egypt.

Regeneus

Pharmaceuticals & healthcare

Regeneus is a clinical-stage regenerative medicine company developing innovative cell-based therapies for the human & animal health markets.

Regus

Property

Regus is the world's largest supplier of flexible workspaces. It employs c 6,000 people in 1,200 business centres, in 550 cities across 95 countries. Its services cover equipped and virtual office space, video communications, meeting rooms and disaster recovery.

Renergen

Oil & gas

Renergen is an integrated alternative and renewable energy business that invests in early-stage alternative energy projects across Africa and emerging markets.

Renew Holdings

Construction & Building Materials

Renew Holdings operates in construction niches in two divisions in the UK. Specialist Engineering (H1: 42% sales, 68% profit) includes land remediation and services to regulated industries (nuclear, water, rail). Specialist Building includes social housing newbuild, high quality building restoration/refurbishment and science & education building projects.

Renewi

Industrial Support Services

Renewi is a waste-to-product company with operations primarily in the UK, the Netherlands and Belgium, and activities spanning the collection, processing and resale of industrial, hazardous and municipal waste.

Rensburg Sheppards

Financials

Rensburg Sheppards’ core activity is investment management providing services for private clients, pension funds, trusts and charities. It also provides financial planning services for private client and intermediary clients as well as a venture capital service. Rensburg fund managers manage seven unit trusts, each with its own objective.

Reply SpA

Technology

Reply offers consulting, systems integration and application management services, specialising in the creation and implementation of solutions based on new communication networks and digital media. The main regions of focus are Italy, Germany and the UK.

Resverlogix

Pharmaceuticals & healthcare

Resverlogix develops drugs based on a novel epigenetic platform for modulating protein production. Lead candidate RVX-208 is a first in-class BET bromodomain inhibitor. RVX-208 is in Phase IIb trials for the treatment of atherosclerosis.

Reworld Media

Media

Reworld Media is a digital media group that combines well-recognised media brands (with on- and offline presence) and ad tech digital performance marketing.

Rezidor Hotel Group

Travel & Leisure

The Rezidor Hotel Group has 73,000 rooms in operation and 22,000 under development across Europe, the Middle East and Africa. Core brands include Radisson Blu and Park Inn by Radisson through a partnership with Carlson Hotels Worldwide (50.3% shareholder). Development is now solely via new management and franchise contracts.

RGI International

Property

RGI is a property development and management company focused on high-end residential, hotel and retail developments in Moscow and mid-class residential projects in the surrounding areas.

Ricardo

Industrial Support Services

Ricardo is a technical and strategic engineering consultancy supporting the global automotive, transportation, defence and energy industries. It has technical centres in the UK, US, Europe and Asia.

Rightmove

Media

Rightmove's principal activity is advertising property through its website. The Rightmove.co.uk website provides a choice of property of over 835,000 houses and flats for sale and for rent in the UK as well as 40,000 overseas properties.

Rio Tinto

Mining

Founded in 1873, Rio Tinto has risen by a combination of organic growth and acquisition to become one of the top three diversified mining companies in the world. Its strategy is to ‘invest in large, long life and cost competitive mines driven by the quality of the opportunity, not the choice of commodity.’

RM2 International

Industrial Support Services

RM2 is entering international pallet markets with an innovative glass fibre composite pallet designed and manufactured in house. The company is targeting the generation of pallet service revenues under three- to five-year contracts.

Rock Tech Lithium

Mining

Rock Tech Lithium (RCK) is a lithium exploration and development company. Its flagship asset is the 100%-owned Georgia Lake hard-rock lithium pegmatite project in Ontario, Canada, which is currently at the PEA stage. RCK has recently acquired the Nogalito brine project in Mexico.

Rofin-Sinar

Engineering

Rofin-Sinar is a leader in the design and manufacture of laser-based systems for industrial use. Its key customers are in the automotive, machine tooling and semi-conductor industries. The stock is quoted in Frankfurt and on NASDAQ.

Romag Holdings

Construction & Building Materials

Romag Holdings is a specialist manufacturer of glass and plastic composites for a range of applications, including renewable energy, security, specialist transport and architectural applications.

Rotork

General Industrials

Rotork is a world-leading manufacturer of actuators and flow control systems. The group addresses the oil & gas, marine, mining, power generation and water treatment markets globally.

Royal Mail

Industrial Support Services

RSM Tenon

Financials

RSM Tenon provides risk management, tax, recovery, financial management and business advisory services. It is the UK’s seventh largest accounting firm with over 50 offices across the UK. It is part of RSM International (RSMI), the sixth largest global accountancy network.

Rugby Estates

Property

Rugby is a property trading company, both directly and through co-investment with partners. The company has a strategy of buying properties on a three year view adding value and then divesting.

Rutila Resources

Mining

Rutila Resources controls a 68% interest in the Balla Balla JV, which controls the Balla Balla export facility, the proposed integrated port and railway solution and the Balla Balla magnetite project in Pilbara, Western Australia.