Barratt Redrow plc (LON:BTRW) Stock Has Average Price Target of GBX 377.30

Shares of Barratt Redrow plc (LON:BTRW) have been given a consensus recommendation of “Moderate Buy” by the ten analysts that are currently covering the stock, Marketbeat Ratings reports. Two analysts have rated the stock with a hold recommendation and eight have assigned a buy recommendation to the company. The average 12-month target price among brokers that have issued a report on the stock in the last year is GBX 377.30.

A number of analysts have recently issued reports on BTRW shares. Berenberg Bank reaffirmed a “buy” rating and set a GBX 370 price target on shares of Barratt Redrow in a report on Monday, September 21st. Citigroup cut shares of Barratt Redrow to a “buy” rating in a report on Wednesday, July 22nd. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 350 target price on shares of Barratt Redrow in a research report on Wednesday, September 16th. Finally, Jefferies Financial Group reiterated a “hold” rating and set a GBX 323 target price on shares of Barratt Redrow in a research note on Wednesday, October 21st.

Insider Activity

In other news, insider Katie Bickerstaffe purchased 6,526 shares of the company’s stock in a transaction dated Wednesday, September 16th. The shares were purchased at an average cost of GBX 305 per share, for a total transaction of £19,904.30. 0.31% of the stock is currently owned by company insiders.

Barratt Redrow Price Performance

Barratt Redrow stock opened at GBX 326.40 on Friday. Barratt Redrow has a one year low of GBX 235.40 and a one year high of GBX 410.29. The business’s fifty day moving average is GBX 309.31 and its 200 day moving average is GBX 285.75. The stock has a market capitalization of £4.50 billion, a PE ratio of 19.43 and a beta of 1.37.

Barratt Redrow (LON:BTRW) last issued its 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%.

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.