Barratt Redrow (LON:BTRW) Insider Purchases £10,923.75 in Stock

Barratt Redrow plc (LON:BTRW) insider Katie Bickerstaffe bought 2,913 shares of Barratt Redrow stock in a transaction on Tuesday, November 18th. The shares were acquired at an average cost of GBX 375 per share, for a total transaction of £10,923.75.

Katie Bickerstaffe also recently made the following trade(s):

• On Thursday, September 18th, Katie Bickerstaffe purchased 5,037 shares of Barratt Redrow stock. The shares were acquired at an average cost of GBX 374 per share, with a total value of £18,838.38.

Barratt Redrow Stock Up 0.0%

Shares of Barratt Redrow stock opened at GBX 374.50 on Wednesday. The stock has a market cap of £5.30 billion and a price-to-earnings ratio of 28.16. Barratt Redrow plc has a twelve month low of GBX 287.20 and a twelve month high of GBX 486.50. The company’s fifty day moving average is GBX 382.97 and its 200 day moving average is GBX 406.77.

Barratt Redrow (LON:BTRW) last issued its quarterly earnings results on Wednesday, September 17th. The company reported GBX 25.50 earnings per share for the quarter.

Wall Street Analysts Forecast Growth

A number of brokerages have recently issued reports on BTRW. Peel Hunt restated a “buy” rating and issued a GBX 470 price target on shares of Barratt Redrow in a research report on Wednesday, November 5th. UBS Group restated a “buy” rating and set a GBX 565 price target on shares of Barratt Redrow in a research note on Friday, September 5th. Jefferies Financial Group reduced their price objective on shares of Barratt Redrow from GBX 487 to GBX 486 and set a “buy” rating for the company in a report on Monday, November 10th. Finally, Berenberg Bank restated a “hold” rating and issued a GBX 440 target price on shares of Barratt Redrow in a report on Monday, September 8th. Six investment analysts have rated the stock with a Buy rating and one has given a Hold rating to the stock. According to data from MarketBeat.com, the company presently has an average rating of “Moderate Buy” and an average price target of GBX 508.14.

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.