Redrow (LON:RDW) Given Neutral Rating at JPMorgan Chase & Co.

Redrow (LON:RDW – Get Free Report)‘s stock had its “neutral” rating restated by JPMorgan Chase & Co. in a report released on Friday, MarketBeat Ratings reports.

A number of other equities analysts have also recently issued reports on the stock. Royal Bank of Canada cut shares of Redrow to a “sector perform” rating and set a GBX 750 ($9.49) price objective for the company. in a research note on Thursday, March 21st. Berenberg Bank lowered shares of Redrow to a “hold” rating and increased their price target for the stock from GBX 643 ($8.13) to GBX 688 ($8.70) in a research report on Friday, March 22nd.

Get Our Latest Research Report on RDW

Redrow Stock Performance

RDW opened at GBX 717 ($9.07) on Friday. The stock has a market cap of £2.37 billion, a PE ratio of 1,123.44, a P/E/G ratio of -0.81 and a beta of 1.67. Redrow has a 1 year low of GBX 423.63 ($5.36) and a 1 year high of GBX 750 ($9.49). The stock’s 50-day simple moving average is GBX 691.56 and its 200-day simple moving average is GBX 654.16. The company has a current ratio of 4.08, a quick ratio of 0.36 and a debt-to-equity ratio of 0.49.

Redrow Company Profile

(Get Free Report)

Redrow plc focuses on housebuilding activities in the United Kingdom. It is involved in acquires, develops, and resells land; develops and sells residential housing properties; and business park maintenance services. Redrow plc was founded in 1974 and is based in Flintshire, the United Kingdom.

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