Redrow plc Rating Reiterated by Deutsche Bank (RDW)
Redrow plc (LON:RDW)‘s stock had its “hold” rating restated by equities researchers at Deutsche Bank in a research report issued on Monday. They currently have a GBX 334 ($5.73) price target on the stock. Deutsche Bank’s price target would suggest a potential upside of 26.23% from the company’s current price.
Redrow plc (LON:RDW) traded down 2.14% on Monday, hitting GBX 264.60. 355,264 shares of the company’s stock traded hands. Redrow plc has a one year low of GBX 218.00 and a one year high of GBX 352.60. The stock has a 50-day moving average of GBX 266.1 and a 200-day moving average of GBX 301.7. The company’s market cap is £962.4 million.
A number of other firms have also recently commented on RDW. Analysts at Jefferies Group reiterated a “hold” rating on shares of Redrow plc in a research note on Thursday. They now have a GBX 360 ($6.17) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Redrow plc in a research note on Friday, June 27th. They now have a GBX 350 ($6.00) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Redrow plc in a research note on Thursday, June 19th. They now have a GBX 320 ($5.49) price target on the stock. Seven equities research analysts have rated the stock with a hold rating and six have given a buy rating to the company’s stock. The company has a consensus rating of “Hold” and a consensus price target of GBX 344.73 ($5.91).
Redrow PLC is a United Kingdom-based company engaged in residential development, which includes mixed use development.
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