Redrow (LON:RDW) Earns Buy Rating from Liberum Capital

Liberum Capital reissued their buy rating on shares of Redrow (LON:RDW) in a research note issued to investors on Tuesday morning, ThisIsMoney.Co.Uk reports.

Other equities research analysts have also issued research reports about the stock. Shore Capital restated a hold rating on shares of Aviva in a research note on Tuesday, May 28th. Peel Hunt restated a hold rating and issued a GBX 935 ($12.22) target price (up previously from GBX 920 ($12.02)) on shares of Antofagasta in a research note on Tuesday. Jefferies Financial Group upgraded shares of SALVATORE FERRA/ADR from an underperform rating to a hold rating in a research note on Tuesday, June 25th. JPMorgan Chase & Co. set a $45.00 target price on shares of Ciena and gave the company a buy rating in a research note on Friday, March 22nd. Finally, Goldman Sachs Group set a $13.00 target price on shares of Ford Motor and gave the company a buy rating in a research note on Thursday, June 13th. Two equities research analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the stock. The company currently has a consensus rating of Hold and a consensus price target of GBX 669.18 ($8.74).

Shares of Redrow stock opened at GBX 549.83 ($7.18) on Tuesday. The firm has a market cap of $1.94 billion and a price-to-earnings ratio of 6.00. The firm has a 50-day moving average of GBX 548.43. The company has a current ratio of 3.27, a quick ratio of 0.20 and a debt-to-equity ratio of 0.06. Redrow has a 1 year low of GBX 478.59 ($6.25) and a 1 year high of GBX 676.73 ($8.84).

Redrow Company Profile

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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Analyst Recommendations for Redrow (LON:RDW)

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