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Redrow plc 20.1% Potential Upside Indicated by Liberum Capital

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 Liberum Capital. Redrow plc are listed in the Consumer Goods sector within UK Main Market. Liberum Capital have set a target price of 730 GBX on its stock. This indicates the analyst now believes there is a potential upside of 20.1% from today’s opening price of 608 GBX. Over the last 30 and 90 trading days the company share price has decreased 50.5 points and decreased 19.5 points respectively. The 52 week high for the share price is currently at 673.5 GBX while the 52 week low is 445.3 GBX.

Redrow plc has a 50 day moving average of 638.95 GBX and a 200 Day Moving Average share price is recorded at 604.46. There are currently 369,800,000 shares in issue with the average daily volume traded being 647,483. Market capitalisation for LON:RDW is £2,266,874,000 GBP.