Redde Northgate - REDD Share Forecast, Price & News

2 Wall Street research 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 research analysts is that investors should "buy" REDD shares.
View REDD analyst ratings or view top-rated stocks.

2 Wall Street analysts have issued 12-month target prices for Redde Northgate's shares. Their REDD share price forecasts range from GBX 335 to GBX 556. On average, they predict the company's share price to reach GBX 445.50 in the next year. This suggests a possible upside of 19.1% from the stock's current price.
View analysts price targets for REDD or view top-rated stocks among Wall Street analysts.

Redde Northgate's stock was trading at GBX 436.50 at the start of the year. Since then, REDD stock has decreased by 14.3% and is now trading at GBX 374.
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The company is scheduled to release its next quarterly earnings announcement on Wednesday, December 7th 2022.
View our REDD earnings forecast.

Redde Northgate announced a dividend on Wednesday, July 6th. Stockholders of record on Thursday, September 1st will be paid a dividend of GBX 15 per share on Friday, September 30th. This represents a dividend yield of 4.47%. The ex-dividend date is Thursday, September 1st. This is a positive change from the stock's previous dividend of GBX 6. The official announcement can be accessed at this link.
Read our dividend analysis for REDD.

Redde Northgate (LON:REDD) pays an annual dividend of GBX 0.18 per share and currently has a dividend yield of 5.56%. REDD has a dividend yield higher than 75% of all dividend-paying stocks, making it a leading dividend payer. The dividend payout ratio is 45.00%. This payout ratio is at a healthy, sustainable level, below 75%.
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 374.

Redde Northgate (LON:REDD) has a market capitalization of £868.69 million and generates £1.24 billion in revenue each year.

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.