Redrow plc (OTCMKTS:RDWWF) Receives Consensus Recommendation of “Hold” from Brokerages

Redrow plc (OTCMKTS:RDWWF) has received an average recommendation of “Hold” from the seven brokerages that are presently covering the company, Marketbeat.com reports. One equities research analyst has rated the stock with a sell rating, four have assigned a hold rating and two have assigned a buy rating to the company.

Separately, HSBC cut shares of Redrow from a “buy” rating to a “hold” rating in a report on Friday, June 23rd.

Redrow Stock Performance

Shares of RDWWF opened at $6.15 on Tuesday. Redrow has a 12 month low of $6.15 and a 12 month high of $6.15. The firm has a fifty day simple moving average of $6.44 and a 200 day simple moving average of $7.81.

Redrow Company Profile

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