Barratt Redrow (LON:BTRW) Insider Katie Bickerstaffe Purchases 5,789 Shares of Stock

Barratt Redrow plc (LON:BTRW) insider Katie Bickerstaffe acquired 5,789 shares of Barratt Redrow stock in a transaction that occurred on Friday, March 6th. The stock was acquired at an average cost of GBX 323 per share, with a total value of £18,698.47.

Barratt Redrow Stock Down 3.0%

Barratt Redrow stock opened at GBX 304.60 on Tuesday. The firm has a market cap of £4.30 billion, a P/E ratio of 20.44 and a beta of 1.30. The business has a fifty day moving average of GBX 375.95 and a two-hundred day moving average of GBX 377.26. Barratt Redrow plc has a twelve month low of GBX 287.20 and a twelve month high of GBX 486.50.

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

Wall Street Analyst Weigh In

A number of brokerages have commented on BTRW. Royal Bank Of Canada reduced their target price 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. Jefferies Financial Group cut their price objective 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. Citigroup boosted their price objective on shares of Barratt Redrow from GBX 506 to GBX 530 and gave the stock a “buy” rating in a research note on Monday, December 8th. Finally, The Goldman Sachs Group initiated coverage on shares of Barratt Redrow in a research report on Monday, November 24th. They set a “buy” rating and a GBX 449 target price for the company. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Barratt Redrow has a consensus rating of “Moderate Buy” and an average target price 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.