Barratt Redrow (LON:BTRW) Given New GBX 425 Price Target at Royal Bank Of Canada

Barratt Redrow (LON:BTRW) had its price objective trimmed by Royal Bank Of Canada from GBX 450 to GBX 425 in a research note published on Thursday, MarketBeat reports. The firm currently has a sector perform rating on the stock.

Other analysts have also issued reports about the company. Peel Hunt reissued a “buy” rating and set a GBX 470 price target on shares of Barratt Redrow in a research note on Wednesday, November 5th. The Goldman Sachs Group began coverage on shares of Barratt Redrow in a report on Monday, November 24th. They issued a “buy” rating and a GBX 449 price objective for the company. Citigroup boosted their target price on shares of Barratt Redrow from GBX 506 to GBX 530 and gave the stock a “buy” rating in a report on Monday, December 8th. Finally, Jefferies Financial Group decreased their price target on shares of Barratt Redrow from GBX 447 to GBX 414 and set a “hold” rating for the company in a research report on Monday, January 19th. Five investment analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. Based on data from MarketBeat, the company has a consensus rating of “Moderate Buy” and an average price target of GBX 478.63.

Barratt Redrow Stock Performance

LON BTRW opened at GBX 394.23 on Thursday. The firm’s fifty day moving average price is GBX 379.23 and its two-hundred day moving average price is GBX 379.35. The stock has a market cap of £5.56 billion and a PE ratio of 29.64. Barratt Redrow has a fifty-two week low of GBX 287.20 and a fifty-two week high of GBX 486.50.

Barratt Redrow (LON:BTRW) last announced its quarterly earnings results on Thursday, February 12th. The company reported GBX 9.30 EPS for the quarter.

Insider Transactions at Barratt Redrow

In other news, insider Katie Bickerstaffe bought 2,913 shares of Barratt Redrow stock in a transaction dated Tuesday, November 18th. The stock was purchased at an average price of GBX 375 per share, for a total transaction of £10,923.75. 0.30% of the stock is owned by corporate insiders.

Barratt Redrow Company Profile

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. Together, we have held more NHBC Pride in the Job Awards than any other housebuilder, for 20 years.