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

Shares of Barratt Redrow plc (LON:BTRW) have been given a consensus rating of “Moderate Buy” by the ten research firms that are currently covering the company, Marketbeat reports. Two equities research analysts have rated the stock with a hold recommendation and eight have issued a buy recommendation on the company. The average 1-year price target among brokers that have issued ratings on the stock in the last year is GBX 377.30.

Several equities analysts recently commented on the stock. Citigroup downgraded shares of Barratt Redrow to a “buy” rating in a research note on Wednesday, July 22nd. 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. Berenberg Bank reiterated a “buy” rating and set a GBX 370 target price on shares of Barratt Redrow in a research report on Monday, September 21st. Finally, Royal Bank Of Canada reiterated an “outperform” rating and set a GBX 350 target price on shares of Barratt Redrow in a research report on Wednesday, September 16th.

Insider Activity

In other Barratt Redrow news, insider Katie Bickerstaffe purchased 6,526 shares of the company’s stock in a transaction dated Wednesday, September 16th. The stock was purchased at an average price of GBX 305 per share, with a total value of £19,904.30. Insiders own 0.31% of the company’s stock.

Barratt Redrow Trading Down 0.8%

BTRW stock opened at GBX 335.20 on Friday. The stock has a market capitalization of £4.62 billion, a P/E ratio of 19.95 and a beta of 1.37. Barratt Redrow has a 12 month low of GBX 235.40 and a 12 month high of GBX 406.50. The firm has a 50-day moving average price of GBX 310.18 and a 200-day moving average price of GBX 303.56.

Barratt Redrow (LON:BTRW) last posted its quarterly earnings results 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%.

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.