Barratt Redrow (LON:BTRW) Insider Purchases £49,350 in Stock

Barratt Redrow plc (LON:BTRW) insider Nigel Webb bought 15,000 shares of the company’s stock in a transaction that occurred on Thursday, March 5th. The stock was purchased at an average price of GBX 329 per share, with a total value of £49,350.

Barratt Redrow Stock Performance

Shares of BTRW stock traded down GBX 2.10 on Thursday, hitting GBX 327. 29,153,123 shares of the company’s stock traded hands, compared to its average volume of 34,742,863. The stock has a market capitalization of £4.61 billion, a price-to-earnings ratio of 24.59 and a beta of 1.35. The company’s fifty day simple moving average is GBX 379.55 and its 200 day simple moving average is GBX 378.55. Barratt Redrow plc has a one year low of GBX 287.20 and a one year high of GBX 486.50.

Barratt Redrow (LON:BTRW) last issued its earnings results on Thursday, February 12th. The company reported GBX 9.30 EPS for the quarter. Barratt Redrow had a net margin of 3.60% and a return on equity of 2.73%.

Wall Street Analyst Weigh In

A number of equities research analysts have weighed in on BTRW shares. Jefferies Financial Group cut their price objective on shares of Barratt Redrow from GBX 447 to GBX 414 and set a “hold” rating on the stock in a report on Monday, January 19th. The Goldman Sachs Group initiated coverage on Barratt Redrow in a research report on Monday, November 24th. They issued a “buy” rating and a GBX 449 price target on the stock. Peel Hunt reaffirmed a “buy” rating and set a GBX 470 price objective on shares of Barratt Redrow in a research report on Wednesday, November 5th. Citigroup lifted their price objective on Barratt Redrow from GBX 506 to GBX 530 and gave the company a “buy” rating in a research note on Monday, December 8th. Finally, Royal Bank Of Canada cut their target price on Barratt Redrow from GBX 450 to GBX 425 and set a “sector perform” rating on the stock in a research note on Thursday, February 12th. Five equities research analysts have rated the stock with a Buy rating and three have assigned a Hold rating to the stock. According to MarketBeat, Barratt Redrow presently has a consensus rating of “Moderate Buy” and an average price target of GBX 478.63.

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.