Redrow plc Given Buy Rating at Liberum Capital (RDW)
Redrow plc (LON:RDW)‘s stock had its “buy” rating reaffirmed by stock analysts at Liberum Capital in a report issued on Thursday. They currently have a GBX 320 ($5.43) price objective on the stock. Liberum Capital’s price objective suggests a potential upside of 28.10% from the company’s current price.
Several other analysts have also recently commented on the stock. Analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Redrow plc in a research note on Monday. They now have a GBX 365 ($6.20) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Redrow plc in a research note on Friday, June 13th. They now have a GBX 830 ($14.09) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Redrow plc in a research note on Friday, May 30th. They now have a GBX 334 ($5.67) price target on the stock. Six research analysts have rated the stock with a hold rating and seven have issued a buy rating to the company. Redrow plc has a consensus rating of “Buy” and an average target price of GBX 389.82 ($6.62).
Shares of Redrow plc (LON:RDW) opened at 251.92 on Thursday. Redrow plc has a 52 week low of GBX 209.70 and a 52 week high of GBX 352.60. The stock’s 50-day moving average is GBX 274.9 and its 200-day moving average is GBX 303.. The company’s market cap is £916.2 million.
Redrow PLC is a United Kingdom-based company engaged in residential development, which includes mixed use development.
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