Analysts’ Recent Ratings Updates for Redrow (RDW)

Several analysts have recently updated their ratings and price targets for Redrow (LON: RDW):

  • 11/30/2017 – Redrow had its “hold” rating reaffirmed by analysts at Deutsche Bank AG. They now have a GBX 668 ($8.95) price target on the stock.
  • 11/23/2017 – Redrow had its “hold” rating reaffirmed by analysts at Deutsche Bank AG.
  • 11/14/2017 – Redrow had its “hold” rating reaffirmed by analysts at Shore Capital Group Limited. They now have a GBX 607 ($8.13) price target on the stock.
  • 11/14/2017 – Redrow had its “hold” rating reaffirmed by analysts at Shore Capital. They now have a GBX 607 ($8.13) price target on the stock.
  • 11/10/2017 – Redrow had its “overweight” rating reaffirmed by analysts at J P Morgan Chase & Co.
  • 11/9/2017 – Redrow had its “buy” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 740 ($9.91) price target on the stock.
  • 11/9/2017 – Redrow had its “buy” rating reaffirmed by analysts at Liberum Capital. They now have a GBX 734 ($9.83) price target on the stock.
  • 11/8/2017 – Redrow had its “hold” rating reaffirmed by analysts at Shore Capital.
  • 10/30/2017 – Redrow had its price target raised by analysts at from GBX 582 ($7.79) to GBX 734 ($9.83). They now have a “buy” rating on the stock.
  • 10/30/2017 – Redrow was downgraded by analysts at Barclays PLC to an “equal weight” rating. They now have a GBX 688 ($9.21) price target on the stock.
  • 10/24/2017 – Redrow had its price target raised by analysts at Liberum Capital from GBX 601 ($8.05) to GBX 734 ($9.83). They now have a “buy” rating on the stock.

Redrow plc (LON RDW) traded up GBX 1 ($0.01) during trading on Friday, reaching GBX 604 ($8.09). The company had a trading volume of 876,723 shares, compared to its average volume of 940,327. Redrow plc has a fifty-two week low of GBX 403.60 ($5.41) and a fifty-two week high of GBX 673.50 ($9.02).

The firm also recently declared a dividend, which was paid on Tuesday, November 14th. Investors of record on Thursday, September 21st were issued a dividend of GBX 11 ($0.15) per share. The ex-dividend date was Thursday, September 21st. This represents a yield of 1.74%. This is a boost from Redrow’s previous dividend of $6.00.

In related news, insider Vanda Murray acquired 3,500 shares of the business’s stock in a transaction on Monday, September 25th. The stock was purchased at an average cost of GBX 562 ($7.53) per share, for a total transaction of £19,670 ($26,342.57). Also, insider John F. Tutte sold 89,447 shares of the firm’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of GBX 627 ($8.40), for a total transaction of £560,832.69 ($751,081.68). Insiders have sold 13,053,353 shares of company stock valued at $7,704,486,599 in the last quarter.

Redrow PLC is engaged in residential housing development. The Company is engaged in constructing homes throughout England and Wales. The Company’s operations are focused on housebuilding. Its product range is focused on traditional family housing in its regional businesses and apartment schemes in Greater London.

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