Redde PLC 1.1% Potential Upside Indicated by JP Morgan Cazenove

Broker Ratings

Redde PLC with EPIC/TICKER (LON:REDD) has had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ today by analysts at JP Morgan Cazenove. Redde PLC are listed in the Financials sector within AIM. JP Morgan Cazenove have set their target price at 111 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 1.1% from today’s opening price of 109.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 70 points and decreased 60 points respectively. The 1 year high stock price is 199.6 GBX while the 52 week low for the share price is 89 GBX.

Redde PLC has a 50 day moving average of 175.06 GBX and a 200 Day Moving Average share price is recorded at 177.26. There are currently 306,665,212 shares in issue with the average daily volume traded being 871,957. Market capitalisation for LON:REDD is £291,025,279 GBP.

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