Redrow Given Neutral Rating at Davy Research (RDW)
Redrow (LON:RDW)‘s stock had its “neutral” rating restated by analysts at Davy Research in a research report issued to clients and investors on Monday, Analyst Ratings News reports.
Redrow (LON:RDW) traded up 2.12% during mid-day trading on Monday, hitting GBX 337.5182. The stock had a trading volume of 165,907 shares. Redrow has a 52-week low of GBX 168.50 and a 52-week high of GBX 337.518. The stock’s 50-day moving average is GBX 298.3 and its 200-day moving average is GBX 257.9. The company’s market cap is £1.221 billion.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Redrow in a research note to investors on Friday. They now have a GBX 320 ($5.27) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Redrow in a research note to investors on Wednesday, January 8th. They now have a GBX 294 ($4.85) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Redrow in a research note to investors on Tuesday, January 7th. They now have a GBX 320 ($5.27) price target on the stock. Six analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock has a consensus rating of “Buy” and a consensus target price of GBX 304.75 ($5.02).
Redrow PLC is a United Kingdom-based company engaged in residential development, which includes mixed use development.
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