Redrow plc 19.3% Potential Upside Indicated by Citigroup

Broker Ratings

Redrow plc using EPIC/TICKER code (LON:RDW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Citigroup. Redrow plc are listed in the Consumer Goods sector within UK Main Market. Citigroup have set a target price of 525 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 19.3% from the opening price of 440 GBX. Over the last 30 and 90 trading days the company share price has decreased 49.2 points and increased 102.6 points respectively. The 52 week high share price is 850.76 GBX while the 52 week low for the stock is 293 GBX.

Redrow plc has a 50 day moving average of 484.58 GBX and the 200 Day Moving Average price is recorded at 615.23. There are currently 352,190,420 shares in issue with the average daily volume traded being 1,826,562. Market capitalisation for LON:RDW is £1,524,280,094 GBP.

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