Redde Northgate (REDD) Share Forecast, Price & News

2 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Redde Northgate in the last twelve months. There are currently 1 hold rating and 1 buy rating for the stock. The consensus among Wall Street analysts is that investors should "buy" REDD shares.
View REDD analyst ratings or view top-rated stocks.

2 equities research analysts have issued 1 year price targets for Redde Northgate's stock. Their REDD share price forecasts range from GBX 380 to GBX 556. On average, they expect the company's stock price to reach GBX 468 in the next twelve months. This suggests a possible upside of 22.5% from the stock's current price.
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Redde Northgate's stock was trading at GBX 412 at the beginning of 2023. Since then, REDD shares have decreased by 7.3% and is now trading at GBX 382.
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Redde Northgate declared a dividend on Wednesday, December 7th. Investors of record on Thursday, December 15th will be paid a dividend of GBX 7.50 per share on Friday, January 13th. This represents a dividend yield of 2.01%. The ex-dividend date of this dividend is Thursday, December 15th. The official announcement can be seen at this link.
Read our dividend analysis for REDD.

Redde Northgate (LON:REDD) pays an annual dividend of GBX 23 per share and currently has a dividend yield of 5.79%. REDD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 4,423.08%. Payout ratios above 75% are not desirable because they may not be sustainable.
Read our dividend analysis for REDD.

Based on aggregate information from My MarketBeat watchlists, some companies that other Redde Northgate investors own include Tungsten (TUNG), Diageo (DGE), Entergy (ETR), GSK (GSK), United Utilities Group (UU), Avast (AVST), Asiamet Resources (ARS), ArcBest (ARCB) and American Renal Associates (ARA).

Redde Northgate trades on the London Stock Exchange (LON) under the ticker symbol "REDD."

Shares of REDD stock and other U.K. stocks can be purchased through online brokerage accounts that support trading on the London Stock Exchange (LSX). Some U.K. companies can be purchased through major U.S. brokerages in the form of American Depository Receipts (ADRs), which are placeholder equities held in a trust by a bank that represent shares of a foreign stock.
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One share of REDD stock can currently be purchased for approximately GBX 382.

Redde Northgate (LON:REDD) has a market capitalization of £875.58 million and generates £1.33 billion in revenue each year. The company earns £128.05 million in net income (profit) each year or GBX 0.52 on an earnings per share basis.

The company employs 6,000 workers across the globe.

Redde Northgate's mailing address is Pinesgate, Lower Bristol Road, BATH, BA2 3DP, United Kingdom. The official website for the company is www.redde.com. The company can be reached via phone at +44-84-44721726.