Home » Reports » Broker Ratings » Redrow plc 13.8% Potential Upside Indicated by JP Morgan Cazenove

Redrow plc 13.8% Potential Upside Indicated by JP Morgan Cazenove

Redrow plc with EPIC/TICKER (LON:RDW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘OVERWEIGHT’ today by analysts at JP Morgan Cazenove. Redrow plc are listed in the Consumer Goods sector within UK Main Market. JP Morgan Cazenove have set a target price of 950 GBX on its stock. This would imply the analyst believes there is now a potential upside of 13.8% from today’s opening price of 835 GBX. Over the last 30 and 90 trading days the company share price has increased 43 points and increased 184 points respectively. The 52 week high for the stock is 841 GBX while the 52 week low is 527.5 GBX.

Redrow plc has a 50 day moving average of 780.54 GBX and a 200 Day Moving Average share price is recorded at 639.78. There are currently 352,190,420 shares in issue with the average daily volume traded being 2,474,902. Market capitalisation for LON:RDW is £2,950,959,548 GBP.

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