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Home / Momentum / Redrow (RDW.L) 13-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Redrow (RDW.L) 13-01-20

Will Redrow (RDW.L) continue to rise?

 

  • Now trading at 765.22p (at time of writing), the share price momentum has been strong.
  • Is this trend your friend?
  • Could this appeal to momentum investors?
  • Whilst the trend has been strong, remember that past patterns are not necessarily an indication of the future.
  • Be mindful of new events and the influence they can have on price action. Check regularly for updates.
  • Shares -0% from 12-month highs; +43% from 12 month lows.

Latest News

09:50:  Peel Hunt reiterates its buy rating on Redrow (RDW) and increased the target price to 925p (from 665p).

09 Jan:  Berenberg reiterates its buy rating on Redrow (RDW) and increased the target price to 860p (from 690p).

07 Jan:  Canaccord Genuity reiterates its buy rating on Redrow (RDW) and increased the target price to 840p (from 700p).

02 Jan:  Barbara Richmond, Financial Director, exercised 2,812 shares in the firm on the 2nd January 2020 at a price of 320p. This Director currently has 619,562 shares.

05 Dec:  Liberum Capital reiterates its buy rating on Redrow (RDW) and increased the target price to 710p (from 600p).

04 Dec:  UBS reiterates its buy rating on Redrow (RDW) and increased the target price to 820p (from 815p).

02 Dec:  Jefferies International reiterates its hold rating on Redrow (RDW) and reduced the target price to 707p (from 711p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

Click to enlarge

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