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

Shares of Redrow plc (OTCMKTS:RDWWF) have earned an average recommendation of “Hold” from the seven ratings firms that are currently covering the company, MarketBeat.com reports. One equities research analyst has rated the stock with a sell rating, four have issued a hold rating and two have given a buy rating to the company.

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

Redrow Price Performance

RDWWF stock opened at $6.15 on Tuesday. The stock’s fifty day simple moving average is $6.73 and its two-hundred day simple moving average is $7.91. Redrow has a 1-year low of $6.15 and a 1-year high of $6.15.

About Redrow

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.