Barratt Redrow (LON:BTRW) Given Hold Rating at Jefferies Financial Group

Barratt Redrow (LON:BTRW – Get Free Report)‘s stock had its “hold” rating reaffirmed by equities researchers at Jefferies Financial Group in a report issued on Wednesday, Digital Look reports. They currently have a GBX 323 price target on the stock. Jefferies Financial Group’s target price would indicate a potential upside of 0.75% from the company’s current price.

Several other analysts also recently commented on BTRW. Deutsche Bank Aktiengesellschaft reduced their price target on shares of Barratt Redrow from GBX 454 to GBX 366 and set a “buy” rating for the company in a research report on Tuesday, June 23rd. Citigroup downgraded Barratt Redrow to a “buy” rating in a report on Wednesday, July 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 350 target price on shares of Barratt Redrow in a report on Wednesday, September 16th. Finally, Berenberg Bank restated a “buy” rating and issued a GBX 370 price objective on shares of Barratt Redrow in a research report on Monday, September 21st. Eight analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, Barratt Redrow has a consensus rating of “Moderate Buy” and a consensus price target of GBX 377.30.

View Our Latest Stock Report on BTRW

Barratt Redrow Trading Down 0.2%

Shares of LON BTRW traded down GBX 0.60 during trading hours on Wednesday, reaching GBX 320.60. The stock had a trading volume of 4,415,095 shares, compared to its average volume of 32,929,883. The firm has a market cap of £4.42 billion, a price-to-earnings ratio of 19.08 and a beta of 1.37. Barratt Redrow has a fifty-two week low of GBX 235.40 and a fifty-two week high of GBX 410.29. The firm has a 50-day moving average of GBX 309.44 and a 200-day moving average of GBX 284.84.

Barratt Redrow (LON:BTRW – Get Free Report) last issued its quarterly earnings data on Wednesday, September 16th. The company reported GBX 26.10 earnings per share for the quarter. Barratt Redrow had a return on equity of 3.13% and a net margin of 4.02%.

Insider Buying and Selling at Barratt Redrow

In related news, insider Katie Bickerstaffe purchased 6,526 shares of the stock in a transaction dated Wednesday, September 16th. The shares were acquired at an average cost of GBX 305 per share, with a total value of £19,904.30. 0.31% of the stock is currently owned by company insiders.

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.

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Analyst Recommendations for Barratt Redrow (LON:BTRW)

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