Jefferies Financial Group reiterated their hold rating on shares of Barratt Redrow (LON:BTRW – Free Report) in a report released on Wednesday morning,Digital Look reports. The brokerage currently has a GBX 323 price target on the stock.
Several other equities analysts have also weighed in on BTRW. Citigroup lowered shares of Barratt Redrow to a “buy” rating in a report on Wednesday, July 22nd. Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 350 target price on shares of Barratt Redrow in a report on Wednesday, September 16th. Finally, Berenberg Bank reaffirmed a “buy” rating and set a GBX 370 target price on shares of Barratt Redrow in a research note on Monday, September 21st. Seven investment 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 presently has an average rating of “Moderate Buy” and a consensus price target of GBX 367.
Get Our Latest Research Report on BTRW
Barratt Redrow Price Performance
Shares of BTRW stock opened at GBX 332.70 on Wednesday. The firm has a market cap of £4.52 billion, a P/E ratio of 19.80 and a beta of 1.37. Barratt Redrow has a 1-year low of GBX 235.40 and a 1-year high of GBX 406.50. The firm has a fifty day moving average of GBX 311.70 and a two-hundred day moving average of GBX 301.52.
Barratt Redrow (LON:BTRW – Get Free Report) last posted its quarterly earnings results on Wednesday, September 16th. The company reported GBX 26.10 earnings per share (EPS) for the quarter. Barratt Redrow had a net margin of 4.02% and a return on equity of 3.13%.
Insiders Place Their Bets
In related news, insider Katie Bickerstaffe bought 6,526 shares of the company’s stock in a transaction on 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 owned by insiders.
About Barratt Redrow
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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