Redrow (RDW) Rating Reiterated by Liberum Capital

Liberum Capital reissued their buy rating on shares of Redrow (LON:RDW) in a research note published on Wednesday. Liberum Capital currently has a GBX 730 ($10.24) target price on the stock.

A number of other brokerages also recently commented on RDW. Peel Hunt restated a buy rating and issued a GBX 740 ($10.38) price objective on shares of Redrow in a research report on Monday, January 8th. raised their price objective on shares of Redrow from GBX 582 ($8.16) to GBX 734 ($10.29) and gave the company a buy rating in a research report on Monday, October 30th. Barclays downgraded shares of Redrow to an equal weight rating and set a GBX 688 ($9.65) price objective for the company. in a research report on Monday, October 30th. Shore Capital restated a hold rating on shares of Redrow in a research report on Wednesday, November 8th. Finally, JPMorgan Chase & Co. raised their price objective on shares of Redrow from GBX 650 ($9.11) to GBX 680 ($9.53) and gave the company an overweight rating in a research report on Thursday, December 14th. One investment analyst has rated the stock with a sell rating, four have assigned a hold rating and nine have given a buy rating to the stock. Redrow has a consensus rating of Buy and a consensus target price of GBX 678 ($9.51).

Shares of Redrow (LON RDW) opened at GBX 594 ($8.33) on Wednesday. The company has a market cap of $2,180.00 and a PE ratio of 761.54. Redrow has a 12-month low of GBX 461.15 ($6.47) and a 12-month high of GBX 673.50 ($9.44).

Redrow (LON:RDW) last announced its quarterly earnings data on Wednesday, February 7th. The company reported GBX 39.50 ($0.55) EPS for the quarter. The firm had revenue of £890 million during the quarter. Redrow had a net margin of 15.31% and a return on equity of 24.10%.

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Redrow Company Profile

Redrow PLC is engaged in residential housing development. The Company is engaged in constructing homes throughout England and Wales. The Company’s operations are focused on housebuilding. Its product range is focused on traditional family housing in its regional businesses and apartment schemes in Greater London.

Analyst Recommendations for Redrow (LON:RDW)

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