Redrow plc Given “Neutral” Rating at JPMorgan Chase & Co. (RDW)
Several other analysts have also recently commented on the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Redrow plc in a research note on Friday, August 22nd. Six investment analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The company presently has an average rating of “Buy” and an average price target of GBX 342.22 ($5.68).
Shares of Redrow plc (LON:RDW) traded down 0.96% during mid-day trading on Tuesday, hitting GBX 278.30. 642,272 shares of the company’s stock traded hands. Redrow plc has a 52-week low of GBX 218.00 and a 52-week high of GBX 352.60. The stock has a 50-day moving average of GBX 254.0 and a 200-day moving average of GBX 282.6. The company’s market cap is £1.012 billion.
The company also recently announced a dividend, which is scheduled for Friday, November 14th. Shareholders of record on Wednesday, September 24th will be paid a dividend of GBX 2 ($0.03) per share. This represents a dividend yield of 0.72%. The ex-dividend date is Wednesday, September 24th.
Redrow PLC is a United Kingdom-based company engaged in residential development, which includes mixed use development.
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