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Redrow plc 24.4% Potential Upside Indicated by Liberum Capital

Redrow plc with EPIC/TICKER (LON:RDW) 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 is indicating the analyst believes there is a potential upside of 24.4% from the opening price of 587 GBX. Over the last 30 and 90 trading days the company share price has decreased 58 points and decreased 8.5 points respectively. The 52 week high for the stock is 673.5 GBX while the 52 week low is 468.8 GBX.

Redrow plc has a 50 day moving average of 639.95 GBX and the 200 Day Moving Average price is recorded at 604.89. There are currently 369,800,000 shares in issue with the average daily volume traded being 747,216. Market capitalisation for LON:RDW is £2,154,085,000 GBP.

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