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Barratt Redrow Dips, Natwest Up, Rosebank Down
Description
Today's biggest winners and losers in the stock market.
On this episode of Stock Movers:
- UK homebuilders including Barratt Redrow are under pressure after house prices stalled as an abundance of properties on estate agents’ books strengthened buyers’ bargaining power, according to a survey by Rightmove.
- NatWest Group rises as much as 4%, the most since October, as Citi analyst Andrew Coombs raises his price target on the UK bank to a Street-high and ups his estimates for pretax profit and earnings-per-share.
- Rosebank Industries is in talks to buy CPM and MW Industries from American Securities in a deal that could be worth up to £2.2b, according to Sky News, citing people familiar with the matter.
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