Barratt Redrow (LON:BTRW) Insider Nigel Webb Acquires 15,000 Shares of Stock

Key Points

• Nigel Webb acquired 15,000 shares of Barratt Redrow (LON:BTRW) on March 5 at an average price of GBX 329 per share, a transaction valued at £49,350.
• Shares traded down GBX 2.10 to GBX 327 on the day with volume of 29,153,123; the stock's 52‑week range is GBX 287.20–486.50, market cap £4.61 billion and PE 24.59.
• Analysts maintain a consensus "Moderate Buy" with an average price target of GBX 478.63 after several firms recently revised ratings and targets.

Barratt Redrow plc (LON:BTRW - Get Free Report) insider Nigel Webb acquired 15,000 shares of Barratt Redrow stock in a transaction that occurred on Thursday, March 5th. The stock was acquired at an average price of GBX 329 per share, with a total value of £49,350.

Barratt Redrow Price Performance

Shares of LON:BTRW traded down GBX 2.10 during trading on Thursday, hitting GBX 327. 29,153,123 shares of the company were exchanged, compared to its average volume of 34,742,863. Barratt Redrow plc has a 52-week low of GBX 287.20 and a 52-week high of GBX 486.50. The stock has a 50 day moving average of GBX 379.55 and a 200 day moving average of GBX 378.55. The company has a market cap of £4.61 billion, a PE ratio of 24.59 and a beta of 1.35.

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

Wall Street Analyst Weigh In

A number of equities analysts have recently commented on BTRW shares. Citigroup raised their price objective on shares of Barratt Redrow from GBX 506 to GBX 530 and gave the company a "buy" rating in a research report on Monday, December 8th. Royal Bank Of Canada reduced their price target on shares of Barratt Redrow from GBX 450 to GBX 425 and set a "sector perform" rating for the company in a research report on Thursday, February 12th. Jefferies Financial Group lowered their price objective on Barratt Redrow from GBX 447 to GBX 414 and set a "hold" rating on the stock in a research report on Monday, January 19th. Peel Hunt reissued a "buy" rating and set a GBX 470 price objective on shares of Barratt Redrow in a research note on Wednesday, November 5th. Finally, The Goldman Sachs Group assumed coverage on Barratt Redrow in a research note on Monday, November 24th. They issued a "buy" rating and a GBX 449 target price on the stock. Five equities research analysts have rated the stock with a Buy rating and three have given a Hold rating to the stock. According to MarketBeat.com, the company presently has a consensus rating of "Moderate Buy" and a consensus price target of GBX 478.63.

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.

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