Barratt Redrow (LON:BTRW) Stock Price Up 11.7% – Here’s What Happened

Shares of Barratt Redrow plc (LON:BTRW) rose 11.7% on Wednesday . The stock traded as high as GBX 309.40 and last traded at GBX 308.80. 12,011,743 shares changed hands during mid-day trading, a decline of 67% from the average session volume of 36,625,148 shares. The stock had previously closed at GBX 276.40.

Barratt Redrow News Summary

Here are the key news stories impacting Barratt Redrow this week:

• Positive Sentiment: Revenue and completions increased: FY26 revenue rose 6.6% to £6.06 billion, while home completions increased 5%. The growth indicates resilient demand and provides a fundamental reason for the stronger share performance. Barratt Redrow FY26 Revenue Rises 6.6% to £6.06 Billion as Home Completions Increase 5%
• Positive Sentiment: Broker remains bullish: Royal Bank of Canada reaffirmed its “outperform” rating and set a GBX 350 price target, above the recent trading level. This signals confidence that the shares have further potential upside. Royal Bank of Canada Reaffirms Barratt Redrow Outperform Rating
• Positive Sentiment: Insider buying provided a confidence signal: Katie Bickerstaffe purchased 6,526 shares at GBX 305, investing nearly £20,000. Insider purchases can be viewed positively because they indicate management exposure to a potential recovery. Barratt Redrow Insider Share Purchase
• Neutral Sentiment: Results supported the broader market move: Barratt Redrow was among the leading shares as the FTSE 100 rose following UK inflation data. The macroeconomic backdrop may improve rate expectations, but the market-wide effect is not specific to the company. UK’s FTSE 100 Rises After Inflation Data; Barratt Redrow Leads
• Negative Sentiment: Profitability remains weak: Quarterly earnings were GBX 26.10 per share, but net margin was only 3.60% and return on equity 2.73%. Coverage describing “tough times” highlights continued pressure in the UK housing market and keeps investors focused on margins and future demand. Tough Times for Barratt Redrow but Shares Bounce on Results Day

Wall Street Analysts Forecast Growth

A number of analysts have recently weighed in on the stock. Jefferies Financial Group reaffirmed a “hold” rating and issued a GBX 303 target price on shares of Barratt Redrow in a research report on Wednesday, August 12th. Berenberg Bank restated a “buy” rating and issued a GBX 348 price objective on shares of Barratt Redrow in a report on Thursday, July 16th. Deutsche Bank Aktiengesellschaft lowered their target price on shares of Barratt Redrow from GBX 454 to GBX 366 and set a “buy” rating for the company in a report on Tuesday, June 23rd. JPMorgan Chase & Co. dropped their price target on Barratt Redrow from GBX 520 to GBX 350 and set an “overweight” rating on the stock in a research report on Tuesday, June 16th. Finally, Citigroup downgraded Barratt Redrow to a “buy” rating in a research note on Wednesday, July 22nd. Eight investment analysts have rated the stock with a Buy rating and two have given a Hold rating to the stock. According to data from MarketBeat, the company currently has a consensus rating of “Moderate Buy” and a consensus price target of GBX 373.10.

Barratt Redrow Stock Performance

The company has a market capitalization of £4.34 billion, a PE ratio of 21.04 and a beta of 1.37. The company’s 50-day moving average is GBX 303.62 and its 200 day moving average is GBX 280.85.

Barratt Redrow (LON:BTRW) last announced its quarterly earnings data on Wednesday, September 16th. The company reported GBX 26.10 earnings per share for the quarter. Barratt Redrow had a net margin of 4.02% and a return on equity of 3.13%.

Insiders Place Their Bets

In other Barratt Redrow news, insider Katie Bickerstaffe bought 6,526 shares of the firm’s stock in a transaction on Wednesday, September 16th. The stock was acquired at an average price of GBX 305 per share, with a total value of £19,904.30. Also, insider Geeta Nanda bought 1,701 shares of the firm’s stock in a transaction on Wednesday, July 22nd. The stock was acquired at an average cost of GBX 294 per share, with a total value of £5,000.94. Corporate insiders own 0.31% of the company’s stock.

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.