Barratt Redrow (LON:BTRW) Insider Buys £5,000.94 in Stock

Barratt Redrow plc (LON:BTRW) insider Geeta Nanda purchased 1,701 shares of the stock in a transaction dated Wednesday, July 22nd. The shares were purchased at an average price of GBX 294 per share, with a total value of £5,000.94.

Barratt Redrow Price Performance

Shares of BTRW stock traded up GBX 7.10 on Wednesday, hitting GBX 293. The stock had a trading volume of 9,164,373 shares, compared to its average volume of 41,398,199. The firm has a market capitalization of £4.10 billion, a P/E ratio of 19.66 and a beta of 1.36. Barratt Redrow plc has a 1 year low of GBX 235.40 and a 1 year high of GBX 410.29. The company’s 50 day moving average price is GBX 266.24 and its 200-day moving average price is GBX 303.19.

Wall Street Analyst Weigh In

BTRW has been the topic of a number of recent research reports. Stifel Nicolaus reiterated a “buy” rating and set a GBX 365 price target on shares of Barratt Redrow in a research note on Wednesday, April 15th. JPMorgan Chase & Co. lowered their price objective on shares of Barratt Redrow from GBX 520 to GBX 350 and set an “overweight” rating for the company in a research note on Tuesday, June 16th. Deutsche Bank Aktiengesellschaft dropped their price objective on shares of Barratt Redrow from GBX 454 to GBX 366 and set a “buy” rating for the company in a report on Tuesday, June 23rd. Bank of America cut their target price on shares of Barratt Redrow from GBX 400 to GBX 280 and set a “neutral” rating on the stock in a research note on Friday, March 27th. Finally, Jefferies Financial Group reissued a “hold” rating and issued a GBX 289 price target on shares of Barratt Redrow in a research report on Tuesday, May 5th. Nine analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company’s stock. According to data from MarketBeat.com, Barratt Redrow currently has a consensus rating of “Moderate Buy” and an average price target of GBX 389.27.

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.