Barratt Redrow plc (BTRW.L) - What Are Brokerages Saying About This Stock?

Key Points

• Broker consensus is “Moderate Buy”: Eight of ten analysts rate Barratt Redrow a buy, while two recommend holding the stock. The average 12-month price target is GBX 377.30 versus an opening price of GBX 322.
• Recent performance and valuation: The shares have traded between GBX 235.40 and GBX 410.29 over the past year, with a market capitalization of approximately £4.44 billion and a PE ratio of 19.17.
• Latest results and insider activity: Barratt Redrow reported quarterly EPS of GBX 26.10, a 4.02% net margin and 3.13% return on equity. Insider Katie Bickerstaffe also bought 6,526 shares at GBX 305 each.

Shares of Barratt Redrow plc (LON:BTRW - Get Free Report) have been given an average rating of "Moderate Buy" by the ten brokerages that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a hold recommendation and eight have given a buy recommendation to the company. The average 1-year target price among brokerages that have covered the stock in the last year is GBX 377.30.

A number of equities research analysts have issued reports on BTRW shares. Berenberg Bank reaffirmed a "buy" rating and set a GBX 370 target price on shares of Barratt Redrow in a research report on Monday, September 21st. Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 350 price target on shares of Barratt Redrow in a research report on Wednesday, September 16th. Citigroup cut shares of Barratt Redrow to a "buy" rating in a research note on Wednesday, July 22nd. Finally, Jefferies Financial Group reaffirmed a "hold" rating and set a GBX 323 price objective on shares of Barratt Redrow in a report on Wednesday.

Barratt Redrow Stock Performance

BTRW opened at GBX 322 on Friday. The company has a market cap of £4.44 billion, a PE ratio of 19.17 and a beta of 1.37. The stock has a 50-day moving average of GBX 309.31 and a 200-day moving average of GBX 285.28. Barratt Redrow has a 52-week low of GBX 235.40 and a 52-week high of GBX 410.29.

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

Insider Transactions at Barratt Redrow

In other news, insider Katie Bickerstaffe bought 6,526 shares of the company's stock in a transaction that occurred on Wednesday, September 16th. The shares were purchased at an average price of GBX 305 per share, for a total transaction of £19,904.30. Insiders own 0.31% of the company's stock.

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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