Redrow (OTCMKTS:RDWWF) Given New 801.00 Price Target at Deutsche Bank Aktiengesellschaft

Redrow (OTCMKTS:RDWWF) had its price objective decreased by Deutsche Bank Aktiengesellschaft from 809.00 to 801.00 in a note issued to investors on Friday, The Fly reports. The firm presently has a “buy” rating on the stock.

Several other research firms also recently weighed in on RDWWF. Barclays reiterated an “overweight” rating on shares of Redrow in a research note on Monday, November 15th. Investec began coverage on Redrow in a research note on Friday, December 3rd. They issued a “buy” rating on the stock. Berenberg Bank restated a “buy” rating on shares of Redrow in a research note on Tuesday, November 23rd. Finally, JPMorgan Chase & Co. reaffirmed an “overweight” rating on shares of Redrow in a report on Monday, November 15th. Six equities research analysts have rated the stock with a buy rating, According to MarketBeat.com, the company currently has a consensus rating of “Buy” and an average price target of $801.00.

Shares of RDWWF remained flat at $$8.55 during trading hours on Friday. The business has a 50-day moving average of $8.87 and a 200 day moving average of $9.04. Redrow has a fifty-two week low of $8.55 and a fifty-two week high of $9.50.

Redrow Company Profile

Redrow plc focuses on housebuilding activities in the United Kingdom. The company acquires land; and develops and sells residential housing properties. Redrow plc was founded in 1974 and is based in Flintshire, the United Kingdom.

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