Redrow (RDW) Receives “Buy” Rating from Peel Hunt
RDW has been the topic of several other research reports. Shore Capital reiterated a hold rating and set a GBX 607 ($8.23) price target on shares of Redrow in a report on Tuesday, November 14th. JPMorgan Chase & Co. increased their price target on Redrow from GBX 600 ($8.14) to GBX 650 ($8.81) and gave the company an overweight rating in a report on Friday, September 29th. Liberum Capital reiterated a buy rating and set a GBX 734 ($9.95) price target on shares of Redrow in a report on Thursday, November 9th. Shore Capital Group reiterated a hold rating and set a GBX 607 ($8.23) price target on shares of Redrow in a report on Tuesday, November 14th. Finally, Deutsche Bank reiterated a hold rating on shares of Redrow in a report on Thursday, November 23rd. One equities research analyst has rated the stock with a sell rating, five have assigned a hold rating and eight have given a buy rating to the company. Redrow has a consensus rating of Buy and an average price target of GBX 665 ($9.02).
Redrow (LON:RDW) opened at GBX 636.50 ($8.63) on Monday. The firm has a market cap of $2,350.00 and a P/E ratio of 909.29. Redrow has a 52-week low of GBX 431.50 ($5.85) and a 52-week high of GBX 673.50 ($9.13).
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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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