Barratt Redrow (LON:BTRW) Insider Acquires £19,904.30 in Stock

Barratt Redrow plc (LON:BTRW) insider Katie Bickerstaffe acquired 6,526 shares of the stock in a transaction dated Wednesday, September 16th. The stock was acquired at an average cost of GBX 305 per share, with a total value of £19,904.30.

Barratt Redrow Price Performance

Shares of LON:BTRW opened at GBX 305.70 on Friday. The firm has a market capitalization of £4.23 billion, a P/E ratio of 20.52 and a beta of 1.37. The business’s 50-day moving average is GBX 304.12 and its 200 day moving average is GBX 281.03. Barratt Redrow plc has a 1 year low of GBX 235.40 and a 1 year high of GBX 410.29.

Barratt Redrow (LON:BTRW) last posted its quarterly earnings data 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%.

Wall Street Analyst Weigh In

A number of equities research analysts have recently commented on the stock. Jefferies Financial Group reiterated a “hold” rating and issued a GBX 303 target price on shares of Barratt Redrow in a research report on Wednesday, August 12th. Citigroup lowered shares of Barratt Redrow to a “buy” rating in a research report on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft cut their price objective on shares of Barratt Redrow from GBX 454 to GBX 366 and set a “buy” rating for the company in a report on Tuesday, June 23rd. JPMorgan Chase & Co. decreased their target price on shares of Barratt Redrow from GBX 520 to GBX 350 and set an “overweight” rating on the stock in a research note on Tuesday, June 16th. Finally, Royal Bank Of Canada restated an “outperform” rating and set a GBX 350 target price on shares of Barratt Redrow in a report on Wednesday. Eight research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the company. According to data from MarketBeat, the stock currently has a consensus rating of “Moderate Buy” and a consensus target price of GBX 373.10.

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.