Redrow (LON:RDW)‘s stock had its “buy” rating reaffirmed by investment analysts at Liberum Capital in a research note issued on Tuesday, ThisIsMoney.Co.Uk reports.
RDW has been the topic of a number of other research reports. HSBC reaffirmed a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton in a report on Tuesday, March 26th. Peel Hunt reissued a “hold” rating and set a GBX 935 ($12.22) price objective (up previously from GBX 920 ($12.02)) on shares of Antofagasta in a report on Tuesday. Shore Capital reissued a “hold” rating on shares of Aviva in a report on Tuesday, May 28th. JPMorgan Chase & Co. set a $45.00 price objective on Ciena and gave the stock a “buy” rating in a report on Friday, March 22nd. Finally, Jefferies Financial Group raised SALVATORE FERRA/ADR from an “underperform” rating to a “hold” rating in a report on Tuesday, June 25th. Two research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company’s stock. The stock presently has an average rating of “Hold” and an average target price of GBX 669.18 ($8.74).
RDW traded up GBX 6 ($0.08) during midday trading on Tuesday, reaching GBX 542 ($7.08). The company’s stock had a trading volume of 1,411,301 shares, compared to its average volume of 997,321. The stock has a market capitalization of $1.91 billion and a PE ratio of 5.92. The firm has a fifty day simple moving average of GBX 548.72. The company has a debt-to-equity ratio of 0.06, a quick ratio of 0.20 and a current ratio of 3.27. Redrow has a twelve month low of GBX 478.59 ($6.25) and a twelve month high of GBX 676.73 ($8.84).
Redrow plc focuses on housebuilding activities in the United Kingdom. The company acquires land; and develops residential housing properties. Redrow plc was founded in 1974 and is based in Flintshire, the United Kingdom.
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