Barratt Redrow (LON:BTRW) Insider Nigel Webb Acquires 15,000 Shares of Stock

Barratt Redrow plc (LON:BTRW) insider Nigel Webb acquired 15,000 shares of Barratt Redrow stock in a transaction on Thursday, March 5th. The shares were bought at an average price of GBX 329 per share, with a total value of £49,350.

Barratt Redrow Stock Down 2.1%

Shares of BTRW stock opened at GBX 322.30 on Friday. Barratt Redrow plc has a 52-week low of GBX 287.20 and a 52-week high of GBX 486.50. The stock has a market cap of £4.54 billion, a PE ratio of 24.23 and a beta of 1.30. The business has a 50-day simple moving average of GBX 378.53 and a 200-day simple moving average of GBX 378.15.

Barratt Redrow (LON:BTRW) last announced its quarterly earnings results on Thursday, February 12th. The company reported GBX 9.30 earnings per share for the quarter. Barratt Redrow had a return on equity of 2.73% and a net margin of 3.60%.

Wall Street Analysts Forecast Growth

Several equities analysts recently issued reports on BTRW shares. The Goldman Sachs Group started coverage on shares of Barratt Redrow in a research note on Monday, November 24th. They issued a “buy” rating and a GBX 449 target price for the company. Jefferies Financial Group dropped their price target on shares of Barratt Redrow from GBX 447 to GBX 414 and set a “hold” rating on the stock in a research report on Monday, January 19th. Royal Bank Of Canada cut their price objective on shares of Barratt Redrow from GBX 450 to GBX 425 and set a “sector perform” rating for the company in a report on Thursday, February 12th. Finally, Citigroup upped their price objective on shares of Barratt Redrow from GBX 506 to GBX 530 and gave the stock a “buy” rating in a research report on Monday, December 8th. Five research analysts have rated the stock with a Buy rating and three have issued a Hold rating to the company’s stock. According to MarketBeat.com, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 478.63.

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.