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

Shares of Barratt Redrow plc (LON:BTRW) have been assigned an average recommendation of “Moderate Buy” from the ten research firms that are currently covering the firm, MarketBeat reports. Two analysts have rated the stock with a hold rating and eight have given a buy rating to the company. The average twelve-month price target among brokerages that have updated their coverage on the stock in the last year is GBX 377.30.

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

Barratt Redrow Price Performance

LON BTRW opened at GBX 322.20 on Friday. Barratt Redrow has a 1-year low of GBX 235.40 and a 1-year high of GBX 406.50. The firm has a market capitalization of £4.44 billion, a P/E ratio of 19.18 and a beta of 1.37. The business’s 50-day simple moving average is GBX 310.30 and its 200-day simple moving average is GBX 302.96.

Barratt Redrow (LON:BTRW) last released 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%.

Insider Buying and Selling

In related news, insider Katie Bickerstaffe acquired 6,526 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was bought 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 company insiders.

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.