Insider Buying: Barratt Redrow (LON:BTRW) Insider Purchases 5,687 Shares of Stock

Barratt Redrow plc (LON:BTRW) insider Katie Bickerstaffe purchased 5,687 shares of the firm’s stock in a transaction that occurred on Wednesday, April 15th. The stock was bought at an average cost of GBX 262 per share, for a total transaction of £14,899.94.

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

• On Friday, March 6th, Katie Bickerstaffe bought 5,789 shares of Barratt Redrow stock. The shares were purchased at an average price of GBX 323 per share, with a total value of £18,698.47.

Barratt Redrow Price Performance

Shares of BTRW stock traded up GBX 8.30 on Wednesday, reaching GBX 266.60. 682,591,125 shares of the stock were exchanged, compared to its average volume of 31,224,008. The stock has a market cap of £3.75 billion, a PE ratio of 17.89 and a beta of 1.43. Barratt Redrow plc has a one year low of GBX 249.30 and a one year high of GBX 486.50. The stock has a 50 day moving average price of GBX 317.63 and a 200 day moving average price of GBX 359.02.

Barratt Redrow (LON:BTRW) last announced its quarterly earnings data on Thursday, February 12th. The company reported GBX 9.30 EPS for the quarter. Barratt Redrow had a return on equity of 2.73% and a net margin of 3.60%.

Analyst Upgrades and Downgrades

A number of equities research analysts have weighed in on the company. Bank of America reduced their target price on Barratt Redrow from GBX 400 to GBX 280 and set a “neutral” rating on the stock in a report on Friday, March 27th. Royal Bank Of Canada raised Barratt Redrow to an “outperform” rating and lowered their price objective for the stock from GBX 425 to GBX 350 in a research report on Wednesday, April 1st. Finally, Jefferies Financial Group lowered their price objective on Barratt Redrow from GBX 447 to GBX 414 and set a “hold” rating for the company in a research report on Monday, January 19th. Six analysts have rated the stock with a Buy rating and three have issued a Hold rating to the stock. According to data from MarketBeat, Barratt Redrow currently has an average rating of “Moderate Buy” and a consensus price target of GBX 448.22.

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.