RDW has been the subject of a number of other reports. Deutsche Bank reiterated a hold rating and set a GBX 668 ($9.56) price target on shares of Redrow in a research report on Thursday, November 30th. Numis Securities raised Redrow to a buy rating and set a GBX 729 ($10.44) price objective on the stock in a research note on Wednesday, February 7th. Liberum Capital lowered their price objective on Redrow from GBX 734 ($10.51) to GBX 730 ($10.45) and set a buy rating on the stock in a research note on Wednesday, January 3rd. Peel Hunt boosted their price objective on Redrow from GBX 740 ($10.60) to GBX 755 ($10.81) and gave the stock a buy rating in a research note on Wednesday, February 7th. Finally, Barclays lowered their price objective on Redrow from GBX 688 ($9.85) to GBX 650 ($9.31) and set an equal weight rating on the stock in a research note on Monday, February 5th. One analyst has rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company. The company has a consensus rating of Buy and an average target price of GBX 677.85 ($9.71).
RDW stock traded up GBX 4.50 ($0.06) during midday trading on Thursday, reaching GBX 612.50 ($8.77). The company’s stock had a trading volume of 672,066 shares, compared to its average volume of 997,321. Redrow has a 1 year low of GBX 488 ($6.99) and a 1 year high of GBX 673.50 ($9.64).
The business also recently declared a dividend, which will be paid on Friday, May 4th. Shareholders of record on Thursday, April 5th will be issued a dividend of GBX 9 ($0.13) per share. The ex-dividend date is Thursday, April 5th. This represents a yield of 1.52%.
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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