Were Analysts Bullish Redde plc (LON:REDD) This Week?

February 13, 2018 - By Nellie Frank

 Were Analysts Bullish Redde plc (LON:REDD) This Week?

Redde plc (LON:REDD) Ratings Coverage

Among 2 analysts covering Redde (LON:REDD), 2 have Buy rating, 0 Sell and 0 Hold. Therefore 100% are positive. Redde had 12 analyst reports since August 20, 2015 according to SRatingsIntel. N+1 Singer maintained the shares of REDD in report on Thursday, April 27 with “Corporate” rating. N+1 Singer maintained the stock with “Corporate” rating in Wednesday, January 4 report. The firm has “Corporate” rating given on Thursday, December 15 by N+1 Singer. The company was maintained on Monday, January 9 by N+1 Singer. The stock of Redde plc (LON:REDD) earned “Corporate” rating by N+1 Singer on Thursday, August 20. N+1 Singer maintained the stock with “Corporate” rating in Monday, November 30 report. The rating was maintained by N+1 Singer on Thursday, September 3 with “Corporate”. JP Morgan maintained it with “Overweight” rating and GBX 197 target in Friday, September 8 report. The rating was maintained by N+1 Singer on Monday, November 9 with “Corporate”. The rating was maintained by N+1 Singer on Monday, December 18 with “Corporate”. Below is a list of Redde plc (LON:REDD) latest ratings and price target changes.

18/12/2017 Broker: N+1 Singer Rating: Corporate Maintain
08/09/2017 Broker: JP Morgan Rating: Overweight Old Target: GBX 193.00 New Target: GBX 197.00 Maintain
01/09/2017 Broker: JP Morgan Rating: Overweight New Target: GBX 193.00 Initiates Starts

The stock decreased 1.78% or GBX 2.8 during the last trading session, reaching GBX 154.6. About 201,717 shares traded. Redde plc (LON:REDD) has 0.00% since February 13, 2017 and is . It has underperformed by 16.70% the S&P500.

Redde plc provides a package of motor claims accident management, incident management, fleet management, and legal services in the United Kingdom. The company has market cap of 469.96 million GBP. The firm offers vehicle replacement, repair management, claims-handling assistance, and legal and other bespoke services; and finances vehicle repairs. It has a 17.77 P/E ratio. It also provides personal injury services, including motor accident, criminal injury, and medical negligence, as well as specialist serious injury; and insurance claims management services.

More recent Redde plc (LON:REDD) news were published by: Fool.Co.Uk which released: “Why dividend heavyweights Aberdeen Asset Management plc, Victrex plc & Redde …” on April 28, 2016. Also Fool.Co.Uk published the news titled: “Do The Latest Results Make Redde PLC, Playtech PLC And Spirent Communications …” on February 25, 2016. Fool.Co.Uk‘s news article titled: “Are Banco Santander SA, Redde plc and Man Group plc ord USD0.03428571 set to …” with publication date: May 09, 2016 was also an interesting one.

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