Barratt Redrow plc (LON:BTRW) Given Average Rating of “Moderate Buy” by Analysts

Barratt Redrow plc (LON:BTRW) has been assigned a consensus recommendation of “Moderate Buy” from the eight research firms that are covering the firm, MarketBeat Ratings reports. Three analysts have rated the stock with a hold rating and five have given a buy rating to the company. The average 1-year target price among brokers that have issued ratings on the stock in the last year is GBX 478.63.

Several equities research analysts recently issued reports on the company. Peel Hunt reissued a “buy” rating and set a GBX 470 price target on shares of Barratt Redrow in a research report on Wednesday, November 5th. Royal Bank Of Canada reduced their price target on shares of Barratt Redrow from GBX 450 to GBX 425 and set a “sector perform” rating on the stock in a research report on Thursday, February 12th. Citigroup boosted their price objective on shares of Barratt Redrow from GBX 506 to GBX 530 and gave the company a “buy” rating in a research report on Monday, December 8th. Jefferies Financial Group dropped their price objective on shares of Barratt Redrow from GBX 447 to GBX 414 and set a “hold” rating on the stock in a research note on Monday, January 19th. Finally, The Goldman Sachs Group initiated coverage on Barratt Redrow in a research note on Monday, November 24th. They issued a “buy” rating and a GBX 449 target price for the company.

Barratt Redrow Price Performance

Shares of BTRW stock opened at GBX 378.40 on Friday. The firm has a fifty day moving average of GBX 381.13 and a two-hundred day moving average of GBX 379.65. The firm has a market cap of £5.34 billion and a P/E ratio of 28.45. Barratt Redrow has a 1-year low of GBX 287.20 and a 1-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 earnings per share (EPS) for the quarter.

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.