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Redrow plc (LON:RDW)‘s stock had its “buy” rating reiterated by Panmure Gordon in a research note issued on Tuesday.

Shares of Redrow plc (LON:RDW) opened at 279.00 on Tuesday. Redrow plc has a 1-year low of GBX 218.00 and a 1-year high of GBX 352.60. The stock has a 50-day moving average of GBX 253.4 and a 200-day moving average of GBX 282.9. The company’s market cap is £1.015 billion.

A number of other analysts have also recently weighed in on RDW. Analysts at Liberum Capital reiterated a “buy” rating on shares of Redrow plc in a research note on Tuesday. They now have a GBX 307 ($5.09) price target on the stock. Separately, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Redrow plc in a research note on Tuesday. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Redrow plc in a research note on Friday, August 22nd. Six equities research analysts have rated the stock with a hold rating and seven have assigned a buy rating to the company. The stock currently has an average rating of “Buy” and a consensus target price of GBX 346.75 ($5.75).

Redrow PLC is a United Kingdom-based company engaged in residential development, which includes mixed use development.

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