Redrow Share Discussion Threads

[aimingupward2] 25/2/2020 17:01

Jefferies raises it’s RDW target price from 885p to 981p.

[dr_smith] 20/2/2020 13:57

Actually 1 YR was 14.85% I think - but then I hit the refresh button to update from last nights close. If you don't use google sheets with google finance functions it is worth checking out, there are youtube videos for it and it's free!
With sheets accessible on your pc and on your phone it is a very flexible and time saving tool.

[aimingupward2] 20/2/2020 13:30

Thanks for the reply.

You're very precise - to two places of decimals!

[aimingupward2] 20/2/2020 12:28

Well,fine. So what do you come up with as an outlook then?

[dr_smith] 20/2/2020 12:02

I probably am biased as I don't see any usefulness in their prices and with no date for that target (1 year implied I guess).
I use google sheets with dynamic links from google sheets to corrrelate share price with forward EPS (and other info), so always up to date with minimal effort.
Dave

[aimingupward2] 20/2/2020 11:23

In fairness, DRS, we can only expect brokers to update their outlook every so often and each one will get progressively out of date until reviewed. You may not want to give any of it the time of day, but it’s not really the case that they were saying 770p “yesterdayR21; and therefore have increased their tp by 42% “overnightR21; - but thanks for not shooting the messenger anyway

[dr_smith] 20/2/2020 10:51

yes... "and raised its price target to 1100p (from 770p)."
..I thought these notes were supposed to be predictive.
Yesterday they were saying 770 and today 1100 - an increase of around 42% overnight.
I don't know why these brokers bother - I can only assume it is for nefarious gain from subsequent PI trades as pro's wouldn't give them time of day - atleast if they were pro's not sheep.
IMO
Dave.
P.S. I'm not shooting the messenger Aimingupward2. :-)

[aimingupward2] 20/2/2020 09:35

HSBC raises it’s target price for Redrow to 1100p.

[purplepelmets] 19/2/2020 21:54

Lovely Jubbly!

[arja] 19/2/2020 18:11

finished on high for day after auction which is probably a good sign for tomorrow and another up day assuming the dow does not tank later .

[dr_smith] 19/2/2020 16:26

...and another ATH at 846.01....just changed 847 and 5 mins to go.. back to 846..

[arja] 19/2/2020 15:47

lovely looking chart showing NOR and quite good fundamentals . Holding high for day and am waiting for profit talking before the close for a buying opportunity if it comes !

[aimingupward2] 19/2/2020 09:48

J P Morgan has a target price of 950p and recommends an overweight position.

[entropick] 14/2/2020 06:00

Redrow discount is overdone, says Liberum
House builder Redrow (#RDW) is trading at a discount to the sector but Liberum believes it is ‘overdone’.
Analyst Marcus Cole retained his ‘buy’ recommendation and increased the target price from 850p to 920p on the stock, which rose 2.8% to 813p yesterday.

[robertball] 13/2/2020 18:26

Was dip last week due to stake seller. Perked up since on back of house sales data....oh well

[bennietheball] 13/2/2020 16:55

Any idea why I can't get in on this at 814? Thanks

[aimingupward2] 13/2/2020 10:57

Liberum raises RDW target price from 850p to 950p - BUY.

[dr_smith] 10/2/2020 13:11

As a LTH I don't watch daily movements too closely but nice to see us back in in the blue after poor start to the day. The undercurrents I mentioned above seem to be ongoing. No direect correlation to Coronavirus, so that shouldn't have downward pressure, possibly a plus if folks shifting out from affected sectors.
IMO
Dave