N+1 Singer Reiterates Corporate Rating for Redde (REDD)
Redde (LON:REDD)‘s stock had its “corporate” rating restated by equities research analysts at N+1 Singer in a research report issued on Monday.
Separately, J P Morgan Chase & Co started coverage on shares of Redde in a report on Friday, September 1st. They set an “overweight” rating and a GBX 193 ($2.60) price objective on the stock.
Redde (REDD) traded up GBX 7 ($0.09) on Monday, reaching GBX 173.75 ($2.34). 587,682 shares of the company’s stock were exchanged, compared to its average volume of 395,770. Redde has a 1 year low of GBX 1.58 ($0.02) and a 1 year high of GBX 182 ($2.45).
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Redde plc is a holding company. The Company is engaged in providing non-fault accident management assistance and related services, fleet management and legal services. The Company offers a range of motor claims accident management services, including vehicle replacement and repair management together with full claims-handling assistance, as well as legal and other personalized services.
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