Redrow plc 5.7% Potential Upside Indicated by Liberum Capital

Broker Ratings
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Redrow plc using EPIC/TICKER code (LON:RDW) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Liberum Capital. Redrow plc are listed in the Consumer Goods sector within UK Main Market. Liberum Capital have set their target price at 710 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.7% from the opening price of 672 GBX. Over the last 30 and 90 trading days the company share price has increased 61 points and increased 85 points respectively. The 1 year high for the share price is 684 GBX while the 52 week low is 455.8 GBX.

Redrow plc has a 50 day moving average of 636.30 GBX and a 200 day moving average of 604.65. There are currently 318,699,635 shares in issue with the average daily volume traded being 1,210,376. Market capitalisation for LON:RDW is £2,356,153,909 GBP.

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    Barratt Developments plc to acquire Redrow plc in a recommended all-share offer, with CMA considering undertakings to address competition concerns.

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