Barratt Redrow’s (BTRW) “Hold” Rating Reiterated at Jefferies Financial Group

Jefferies Financial Group reiterated their hold rating on shares of Barratt Redrow (LON:BTRW) in a research note issued to investors on Wednesday morning,Digital Look reports. They currently have a GBX 323 target price on the stock.

A number of other research analysts have also recently weighed in on the stock. Royal Bank Of Canada reaffirmed an “outperform” rating and issued a GBX 350 price objective on shares of Barratt Redrow in a report on Wednesday, September 16th. Citigroup lowered shares of Barratt Redrow to a “buy” rating in a research note on Wednesday, July 22nd. Deutsche Bank Aktiengesellschaft dropped their target price on Barratt Redrow from GBX 454 to GBX 366 and set a “buy” rating on the stock in a research report on Tuesday, June 23rd. Finally, Berenberg Bank restated a “buy” rating and set a GBX 370 target price on shares of Barratt Redrow in a research report on Monday, September 21st. Eight equities research analysts have rated the stock with a Buy rating and two have issued a Hold rating to the stock. According to data from MarketBeat.com, the company has an average rating of “Moderate Buy” and an average target price of GBX 377.30.

Barratt Redrow Price Performance

BTRW opened at GBX 326.40 on Wednesday. The firm has a fifty day moving average price of GBX 309.31 and a 200 day moving average price of GBX 285.57. Barratt Redrow has a 1 year low of GBX 235.40 and a 1 year high of GBX 410.29. The stock has a market cap of £4.50 billion, a P/E ratio of 19.43 and a beta of 1.37.

Barratt Redrow (LON:BTRW) last announced its quarterly earnings results 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 at Barratt Redrow

In other Barratt Redrow news, insider Katie Bickerstaffe bought 6,526 shares of Barratt Redrow stock in a transaction dated Wednesday, September 16th. The stock was acquired at an average cost of GBX 305 per share, with a total value of £19,904.30. 0.31% of the stock is currently owned by 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.