Barratt Redrow plc (LON:BTRW) Insider Caroline Silver Purchases 13,000 Shares of Stock

Barratt Redrow plc (LON:BTRW) insider Caroline Silver purchased 13,000 shares of Barratt Redrow stock in a transaction dated Wednesday, July 16th. The stock was bought at an average cost of GBX 375 ($5.04) per share, with a total value of £48,750 ($65,462.60).

Barratt Redrow Stock Performance

Shares of BTRW opened at GBX 378.31 ($5.08) on Friday. The company’s fifty day moving average is GBX 450.17 and its 200-day moving average is GBX 439.02. Barratt Redrow plc has a 12 month low of GBX 362.50 ($4.87) and a 12 month high of GBX 507.40 ($6.81).

Analysts Set New Price Targets

Several research analysts have weighed in on BTRW shares. Citigroup dropped their price objective on shares of Barratt Redrow from GBX 591 ($7.94) to GBX 510 ($6.85) and set a “buy” rating on the stock in a research note on Wednesday. Berenberg Bank dropped their price target on shares of Barratt Redrow from GBX 540 ($7.25) to GBX 485 ($6.51) and set a “hold” rating on the stock in a research note on Tuesday. Deutsche Bank Aktiengesellschaft reissued a “buy” rating and set a GBX 536 ($7.20) price objective on shares of Barratt Redrow in a research report on Wednesday. Finally, Royal Bank Of Canada lowered their target price on Barratt Redrow from GBX 575 ($7.72) to GBX 550 ($7.39) and set an “outperform” rating on the stock in a research note on Wednesday.

About Barratt Redrow

Barratt Redrow plc is an exceptional FTSE 100 listed UK home builder, building the homes the country needs, and dedicated to quality, service and sustainability.

Together, we offer a range of highly respected and complementary brands, Barratt, David Wilson and Redrow.

We put our customers at the heart of everything we do, through our focus on:

✅ Quality – We deliver high-quality, energy-efficient homes which are built to the highest standards.