Insider Buying: Barratt Redrow (LON:BTRW) Insider Purchases 13,275 Shares of Stock

Key Points

• Insider Transaction: Mike Scott, an insider at Barratt Redrow, purchased 13,275 shares at an average price of GBX 377, totaling approximately £50,046.75, on September 25th.
• Company Performance: Barratt Redrow's stock opened at GBX 382.68 with a market capitalization of £5.44 billion and reported earnings of GBX 25.50 per share for the last quarter.
• Analyst Ratings: Barratt Redrow has mixed analyst ratings, with five analysts rating it as "Buy" and one as "Hold," and an average price target of GBX 511.83.

Barratt Redrow plc (LON:BTRW - Get Free Report) insider Mike Scott purchased 13,275 shares of Barratt Redrow stock in a transaction dated Thursday, September 25th. The stock was bought at an average cost of GBX 377 per share, with a total value of £50,046.75.

Mike Scott also recently made the following trade(s):

• On Tuesday, July 15th, Mike Scott purchased 2,500 shares of Barratt Redrow stock. The shares were acquired at an average price of GBX 386 per share, for a total transaction of £9,650.

Barratt Redrow Price Performance

BTRW stock opened at GBX 382.68 on Monday. The firm's fifty day simple moving average is GBX 373.36 and its 200-day simple moving average is GBX 418.14. Barratt Redrow plc has a 12 month low of GBX 347.60 and a 12 month high of GBX 507.40. The company has a market capitalization of £5.44 billion and a P/E ratio of 3,715.37.

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

Analyst Upgrades and Downgrades

A number of analysts have recently commented on the company. Berenberg Bank reiterated a "hold" rating and set a GBX 440 target price on shares of Barratt Redrow in a research report on Monday, September 8th. Peel Hunt reaffirmed a "buy" rating and set a GBX 470 price target on shares of Barratt Redrow in a report on Wednesday, September 17th. Deutsche Bank Aktiengesellschaft restated a "buy" rating and issued a GBX 536 target price on shares of Barratt Redrow in a research note on Wednesday, July 16th. Royal Bank Of Canada reduced 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. Finally, Citigroup decreased their target price on Barratt Redrow from GBX 591 to GBX 510 and set a "buy" rating on the stock in a research report on Wednesday, July 16th. Five investment analysts have rated the stock with a Buy rating and one has assigned a Hold rating to the company's stock. According to MarketBeat, Barratt Redrow currently 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.

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