Barratt Redrow (LON:BTRW – Get Free Report)‘s stock had its “hold” rating reissued by equities researchers at Jefferies Financial Group in a research note issued to investors on Wednesday, Digital Look reports. They presently have a GBX 323 price target on the stock. Jefferies Financial Group’s target price suggests a potential upside of 0.75% from the company’s current price.
A number of other equities research analysts have also recently commented on the stock. Deutsche Bank Aktiengesellschaft decreased their target price on shares of Barratt Redrow from GBX 454 to GBX 366 and set a “buy” rating on the stock in a research note on Tuesday, June 23rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 370 price target on shares of Barratt Redrow in a research report on Monday, September 21st. Royal Bank Of Canada reissued an “outperform” rating and issued a GBX 350 price objective on shares of Barratt Redrow in a research note on Wednesday, September 16th. Finally, Citigroup downgraded shares of Barratt Redrow to a “buy” rating in a research report on Wednesday, July 22nd. Eight analysts have rated the stock with a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat, Barratt Redrow has an average rating of “Moderate Buy” and an average target price of GBX 377.30.
Check Out Our Latest Stock Analysis on BTRW
Barratt Redrow Stock Down 0.2%
BTRW traded down GBX 0.60 during midday trading on Wednesday, reaching GBX 320.60. The company had a trading volume of 4,415,095 shares, compared to its average volume of 32,929,883. The business has a 50-day moving average of GBX 309.45 and a two-hundred day moving average of GBX 284.41. Barratt Redrow has a 1 year low of GBX 235.40 and a 1 year high of GBX 410.29. The company has a market cap of £4.42 billion, a P/E ratio of 19.08 and a beta of 1.37.
Barratt Redrow (LON:BTRW – Get Free Report) last posted 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 Activity
In other Barratt Redrow news, insider Katie Bickerstaffe bought 6,526 shares of the business’s stock in a transaction that occurred on Wednesday, September 16th. The stock was purchased at an average price of GBX 305 per share, for a total transaction of £19,904.30. Corporate insiders own 0.31% of the company’s stock.
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.
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