Redrow plc 5.4% Potential Upside Indicated by Jefferies International

Broker Ratings

Redrow plc with EPIC/TICKER (LON:RDW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘HOLD’ this morning by analysts at Jefferies International. Redrow plc are listed in the Consumer Goods sector within UK Main Market. Jefferies International have set a target price of 707 GBX on its stock. This indicates the analyst now believes there is a potential upside of 5.4% from today’s opening price of 671 GBX. Over the last 30 and 90 trading days the company share price has increased 71 points and increased 105 points respectively. The 1 year high stock price is 684 GBX while the year low share price is currently 455.8 GBX.

Redrow plc has a 50 day moving average of 634.58 GBX and the 200 Day Moving Average price is recorded at 604.48. There are currently 352,190,420 shares in issue with the average daily volume traded being 1,223,517. Market capitalisation for LON:RDW is £2,331,500,580 GBP.

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