Barratt Redrow (LON:BTRW) Insider Katie Bickerstaffe Buys 5,687 Shares of Stock

Barratt Redrow plc (LON:BTRW) insider Katie Bickerstaffe purchased 5,687 shares of the firm’s stock in a transaction dated Wednesday, April 15th. The stock was purchased at an average cost of GBX 262 per share, with a total value of £14,899.94.

Katie Bickerstaffe also recently made the following trade(s):

• On Friday, March 6th, Katie Bickerstaffe purchased 5,789 shares of Barratt Redrow stock. The stock was purchased at an average cost of GBX 323 per share, with a total value of £18,698.47.

Barratt Redrow Stock Up 2.4%

Shares of BTRW stock opened at GBX 264.39 on Thursday. Barratt Redrow plc has a 12-month low of GBX 249.30 and a 12-month high of GBX 486.50. The firm has a market capitalization of £3.72 billion, a price-to-earnings ratio of 17.74 and a beta of 1.43. The firm has a fifty day moving average of GBX 314.85 and a 200-day moving average of GBX 358.36.

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

Wall Street Analysts Forecast Growth

A number of brokerages recently weighed in on BTRW. Royal Bank Of Canada raised shares of Barratt Redrow to an “outperform” rating and reduced their target price for the stock from GBX 425 to GBX 350 in a research note on Wednesday, April 1st. Bank of America reduced their target price on shares of Barratt Redrow from GBX 400 to GBX 280 and set a “neutral” rating for the company in a research note on Friday, March 27th. Jefferies Financial Group reduced their target price on shares of Barratt Redrow from GBX 447 to GBX 414 and set a “hold” rating for the company in a research note on Monday, January 19th. Finally, Stifel Nicolaus reaffirmed a “buy” rating and issued a GBX 365 target price on shares of Barratt Redrow in a research note on Wednesday. Seven equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the company. According to data from MarketBeat, the stock has a consensus rating of “Moderate Buy” and a consensus target price of GBX 439.90.

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