Redrow (RDW) Rating Reiterated by Canaccord Genuity
A number of other research firms have also issued reports on RDW. Peel Hunt reissued a buy rating and set a GBX 740 ($10.38) target price on shares of Redrow in a research note on Monday, January 8th. Liberum Capital reduced their target price on shares of Redrow from GBX 734 ($10.29) to GBX 730 ($10.24) and set a buy rating for the company in a research note on Wednesday, January 3rd. boosted their target price on shares of Redrow from GBX 582 ($8.16) to GBX 734 ($10.29) and gave the company a buy rating in a research note on Monday, October 30th. Barclays lowered shares of Redrow to an equal weight rating and set a GBX 688 ($9.65) target price for the company. in a research note on Monday, October 30th. Finally, Shore Capital reissued a hold rating on shares of Redrow in a research note on Wednesday, November 8th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the company’s stock. The company currently has a consensus rating of Buy and a consensus target price of GBX 678 ($9.51).
Redrow (RDW) opened at GBX 594 ($8.33) on Wednesday. Redrow has a fifty-two week low of GBX 461.15 ($6.47) and a fifty-two week high of GBX 673.50 ($9.44). The company has a market cap of $2,180.00 and a PE ratio of 761.54.
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Redrow Company Profile
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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