Redrow plc Given Average Recommendation of “Hold” by Brokerages (LON:RDW)
Shares of Redrow plc (LON:RDW) have earned an average recommendation of “Hold” from the thirteen analysts that are currently covering the company, American Banking News.com reports. Seven research analysts have rated the stock with a hold recommendation and six have issued a buy recommendation on the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 344.50 ($5.76).
RDW has been the subject of a number of recent research reports. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Redrow plc in a research note on Friday.
Redrow plc (LON:RDW) opened at 272.10 on Tuesday. Redrow plc has a 1-year low of GBX 218.00 and a 1-year high of GBX 352.60. The stock’s 50-day moving average is GBX 250.6 and its 200-day moving average is GBX 285.3. The company’s market cap is £989.6 million.
Redrow PLC is a United Kingdom-based company engaged in residential development, which includes mixed use development.
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