Redrow plc Rating Reiterated by Deutsche Bank (RDW)
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital cut their price target on shares of Redrow plc from GBX 320 ($5.35) to GBX 307 ($5.13) in a research note on Friday, July 18th. They now have a “buy” rating on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Redrow plc in a research note on Thursday, July 3rd. They now have a GBX 360 ($6.02) price target on the stock. Finally, 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 ($5.85) price target on the stock. Seven analysts have rated the stock with a hold rating and six have issued a buy rating to the company’s stock. Redrow plc has a consensus rating of “Hold” and an average target price of GBX 344.50 ($5.76).
Redrow plc (LON:RDW) traded down 0.04% during mid-day trading on Friday, hitting GBX 271.20. 124,519 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’s 50-day moving average is GBX 250.5 and its 200-day moving average is GBX 285.4. The company’s market cap is £986.4 million.
Redrow PLC is a United Kingdom-based company engaged in residential development, which includes mixed use development.
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