Barratt Redrow (LON:BTRW) Insider Katie Bickerstaffe Acquires 6,526 Shares of Stock

Barratt Redrow plc (LON:BTRW) insider Katie Bickerstaffe purchased 6,526 shares of Barratt Redrow stock in a transaction dated Wednesday, September 16th. The stock was bought at an average cost of GBX 305 per share, for a total transaction of £19,904.30.

Barratt Redrow Stock Performance

Shares of BTRW stock opened at GBX 305 on Thursday. The firm has a market cap of £4.22 billion, a P/E ratio of 20.47 and a beta of 1.37. The firm’s 50 day moving average price is GBX 302.97 and its 200-day moving average price is GBX 281.22. Barratt Redrow plc has a one year low of GBX 235.40 and a one year high of GBX 410.29.

Barratt Redrow (LON:BTRW) last posted its earnings results on Wednesday, September 16th. The company reported GBX 26.10 earnings per share for the quarter. Barratt Redrow had a net margin of 3.60% and a return on equity of 2.73%.

Analyst Upgrades and Downgrades

A number of equities research analysts have recently weighed in on BTRW shares. Berenberg Bank reaffirmed a “buy” rating and issued a GBX 348 price objective on shares of Barratt Redrow in a research note on Thursday, July 16th. Royal Bank Of Canada reissued an “outperform” rating and set a GBX 350 target price on shares of Barratt Redrow in a research note on Wednesday. Deutsche Bank Aktiengesellschaft lowered their target price on Barratt Redrow from GBX 454 to GBX 366 and set a “buy” rating for the company in a report on Tuesday, June 23rd. JPMorgan Chase & Co. dropped their target price on Barratt Redrow from GBX 520 to GBX 350 and set an “overweight” rating for the company in a research report on Tuesday, June 16th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a GBX 303 price target on shares of Barratt Redrow in a research note on Wednesday, August 12th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 373.10.

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.