Redrow plc Now Covered by Analysts at Beaufort Securities (RDW)
A number of other analysts have also recently weighed in on RDW. Analysts at Barclays reiterated an “overweight” rating on shares of Redrow plc in a research note on Tuesday. They now have a GBX 418 ($6.94) price target on the stock. Separately, analysts at Panmure Gordon reiterated a “buy” rating on shares of Redrow plc in a research note on Tuesday. They now have a GBX 306 ($5.08) price target on the stock. Finally, 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. Four analysts have rated the stock with a hold rating and nine have given a buy rating to the company’s stock. Redrow plc presently has an average rating of “Buy” and an average price target of GBX 347.78 ($5.77).
Shares of Redrow plc (LON:RDW) traded up 2.77% on Wednesday, hitting GBX 286.00. The stock had a trading volume of 597,593 shares. 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 £1.040 billion.
The company also recently announced a dividend, which is scheduled for Friday, November 14th. Stockholders 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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