Barratt Redrow (LON:BTRW) Insider Katie Bickerstaffe Buys 5,037 Shares

Key Points

• Insider Katie Bickerstaffe of Barratt Redrow purchased 5,037 shares of the company's stock for a total of £18,838.38 at an average price of GBX 374 per share on September 18th.
• Shares of Barratt Redrow (LON:BTRW) experienced a 0.3% decline, trading at GBX 376.20 as of the latest report.
• Analysts maintain a consensus rating of "Moderate Buy" for Barratt Redrow, with a target price averaging GBX 511.83; several firms have issued varied target prices with Deutsche Bank maintaining a target of GBX 536.

Barratt Redrow plc (LON:BTRW - Get Free Report) insider Katie Bickerstaffe purchased 5,037 shares of the company's stock in a transaction dated Thursday, September 18th. The shares were acquired at an average price of GBX 374 per share, for a total transaction of £18,838.38.

Barratt Redrow Stock Performance

LON BTRW traded up GBX 6.30 during trading hours on Tuesday, reaching GBX 376.90. The stock had a trading volume of 3,546,144 shares, compared to its average volume of 11,270,688. The stock has a fifty day moving average of GBX 373.41 and a 200 day moving average of GBX 419.57. The stock has a market cap of £5.36 billion and a P/E ratio of 3,659.22. Barratt Redrow plc has a 52-week low of GBX 347.60 and a 52-week high of GBX 507.40.

Barratt Redrow (LON:BTRW - Get Free Report) last issued its earnings results on Wednesday, September 17th. The company reported GBX 25.50 EPS for the quarter.

Analysts Set New Price Targets

A number of brokerages recently commented on BTRW. Berenberg Bank reiterated a "hold" rating and issued a GBX 440 target price on shares of Barratt Redrow in a research report on Monday, September 8th. Royal Bank Of Canada decreased their price target on Barratt Redrow from GBX 575 to GBX 550 and set an "outperform" rating for the company in a report on Wednesday, July 16th. Deutsche Bank Aktiengesellschaft reissued a "buy" rating and issued a GBX 536 price target on shares of Barratt Redrow in a report on Wednesday, July 16th. Citigroup decreased their price target on Barratt Redrow from GBX 591 to GBX 510 and set a "buy" rating for the company in a report on Wednesday, July 16th. Finally, Peel Hunt reissued a "buy" rating and issued a GBX 470 price target on shares of Barratt Redrow in a report on Wednesday, September 17th. Five analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company. According to MarketBeat.com, the stock has an average rating of "Moderate Buy" and an average price target of GBX 511.83.

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.