Redrow plc (OTCMKTS:RDWWF – Get Free Report) 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, […]
UK housebuilder Redrow said it expected profits and revenue to halve next year as the housing market laboured amid higher borrowing and challenging conditions, with the company's weekly sales slumping over the summer.