Barratt Redrow (LON:BTRW – Get Free Report)‘s stock had its “hold” rating restated by equities research analysts at Jefferies Financial Group in a research note issued on Wednesday, Digital Look reports. They currently have a GBX 323 target price on the stock. Jefferies Financial Group’s price target would suggest a potential upside of 0.75% from the company’s previous close.
Several other equities research analysts have also recently issued reports on BTRW. Royal Bank Of Canada restated an “outperform” rating and set a GBX 350 price objective on shares of Barratt Redrow in a report on Wednesday, September 16th. Deutsche Bank Aktiengesellschaft dropped their target price on Barratt Redrow from GBX 454 to GBX 366 and set a “buy” rating for the company in a research note on Tuesday, June 23rd. Berenberg Bank reiterated a “buy” rating and issued a GBX 370 target price on shares of Barratt Redrow in a research note on Monday, September 21st. Finally, Citigroup downgraded Barratt Redrow to a “buy” rating in a research report on Wednesday, July 22nd. Eight equities research analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Barratt Redrow currently has an average rating of “Moderate Buy” and an average price target of GBX 377.30.
Get Our Latest Analysis on BTRW
Barratt Redrow Stock Down 0.2%
Shares of LON:BTRW traded down GBX 0.60 during trading 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 business has a fifty day moving average price of GBX 309.45 and a 200-day moving average price of GBX 284.41. The stock has a market cap of £4.42 billion, a P/E 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.
Barratt Redrow (LON:BTRW – Get Free Report) last issued its quarterly earnings results 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 related news, insider Katie Bickerstaffe bought 6,526 shares of the stock in a transaction that occurred on Wednesday, September 16th. The stock was purchased at an average cost 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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