Insider Buying: Barratt Redrow (LON:BTRW) Insider Buys 5,789 Shares of Stock

Key Points

• Insider buy: Katie Bickerstaffe purchased 5,789 shares of Barratt Redrow on March 6 at GBX 323 per share, a total of £18,698.47.
• Analysts are mixed but mildly positive: five Buys and three Holds give a consensus rating of "Moderate Buy" with an average target of GBX 478.63.
• Key stock and financials: the share price opened at GBX 303.80 (52‑week range GBX 287.20–486.50), market cap ~£4.28bn, P/E 20.39, and the company reported quarterly EPS of GBX 9.30 with a net margin of 3.6% and ROE of 2.73%.

Barratt Redrow plc (LON:BTRW - Get Free Report) insider Katie Bickerstaffe purchased 5,789 shares of the business's stock in a transaction dated Friday, March 6th. The stock was bought at an average price of GBX 323 per share, for a total transaction of £18,698.47.

Barratt Redrow Stock Performance

LON:BTRW opened at GBX 303.80 on Monday. Barratt Redrow plc has a fifty-two week low of GBX 287.20 and a fifty-two week high of GBX 486.50. The company's 50-day simple moving average is GBX 377.34 and its 200-day simple moving average is GBX 377.73. The stock has a market capitalization of £4.28 billion, a P/E ratio of 20.39 and a beta of 1.30.

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

Analyst Upgrades and Downgrades

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

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.

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