Key Points
- Insider purchase: Katie Bickerstaffe bought 5,789 Barratt Redrow shares on March 6 at GBX 323 each, spending £18,698.47 in the transaction.
- Shares are trading down (opened at GBX 304.60, down ~3%) and sit well below the 50‑day and 200‑day SMAs (GBX ~376), with a market cap of £4.30bn and a P/E of 20.44.
- The stock has a consensus rating of “Moderate Buy” with a consensus target of GBX 478.63 (five Buy, three Hold); notable analyst moves include Citi raising its target to GBX 530 and Goldman Sachs initiating coverage with a Buy at GBX 449.
Barratt Redrow plc (LON:BTRW - Get Free Report) insider Katie Bickerstaffe bought 5,789 shares of the stock in a transaction that occurred on Friday, March 6th. The stock was bought at an average price of GBX 323 per share, with a total value of £18,698.47.
Barratt Redrow Trading Down 3.0%
Shares of Barratt Redrow stock opened at GBX 304.60 on Tuesday. The firm's 50 day simple moving average is GBX 375.95 and its two-hundred day simple moving average is GBX 377.26. The firm has a market capitalization of £4.30 billion, a price-to-earnings ratio of 20.44 and a beta of 1.30. Barratt Redrow plc has a 12-month low of GBX 287.20 and a 12-month high of GBX 486.50.
Barratt Redrow (LON:BTRW - Get Free Report) last released its 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%.
Analysts Set New Price Targets
A number of equities analysts have commented on BTRW shares. Citigroup increased their target price on Barratt Redrow from GBX 506 to GBX 530 and gave the company a "buy" rating in a report on Monday, December 8th. The Goldman Sachs Group initiated 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. Jefferies Financial Group cut their price target on shares of Barratt Redrow from GBX 447 to GBX 414 and set a "hold" rating for the company in a report on Monday, January 19th. Finally, Royal Bank Of Canada cut their price objective on Barratt Redrow from GBX 450 to GBX 425 and set a "sector perform" rating for the company in a research report on Thursday, February 12th. Five research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the company's stock. According to MarketBeat, the company has a consensus rating of "Moderate Buy" and a consensus target price of GBX 478.63.
Check Out Our Latest Analysis on Barratt Redrow
About Barratt Redrow
(
Get Free Report)
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.
Further Reading
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