Insider Buying: Barratt Redrow (LON:BTRW) Insider Acquires £19,904.30 in Stock

Key Points

• Insider buying: Barratt Redrow director Katie Bickerstaffe purchased 6,526 shares at GBX 305 each, investing a total of £19,904.30.
• Stock and earnings: BTRW opened at GBX 305, with a £4.22 billion market capitalization, while the company reported quarterly EPS of GBX 26.10, a 2.73% return on equity and a 3.60% net margin.
• Analyst outlook: Eight analysts rate the shares Buy and two rate them Hold, resulting in a “Moderate Buy” consensus and an average price target of GBX 373.10.

Barratt Redrow plc (LON:BTRW - Get Free Report) insider Katie Bickerstaffe acquired 6,526 shares of the business's stock in a transaction on Wednesday, September 16th. The stock was acquired at an average price of GBX 305 per share, with a total value of £19,904.30.

Barratt Redrow Price Performance

BTRW stock opened at GBX 305 on Thursday. The business has a 50 day simple moving average of GBX 302.97 and a 200-day simple moving average of GBX 281.22. The firm has a market capitalization of £4.22 billion, a PE ratio of 20.47 and a beta of 1.37. Barratt Redrow plc has a 1 year low of GBX 235.40 and a 1 year high of GBX 410.29.

Barratt Redrow (LON:BTRW - Get Free Report) last announced its quarterly earnings data on Wednesday, September 16th. The company reported GBX 26.10 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

Several research analysts have recently weighed in on BTRW shares. Deutsche Bank Aktiengesellschaft lowered their price target on shares of Barratt Redrow from GBX 454 to GBX 366 and set a "buy" rating on the stock in a research report on Tuesday, June 23rd. Citigroup lowered shares of Barratt Redrow to a "buy" rating in a report on Wednesday, July 22nd. Royal Bank Of Canada reissued an "outperform" rating and issued a GBX 350 price target on shares of Barratt Redrow in a research note on Wednesday. JPMorgan Chase & Co. cut their price target on shares of Barratt Redrow from GBX 520 to GBX 350 and set an "overweight" rating for the company in a report on Tuesday, June 16th. Finally, Berenberg Bank reaffirmed a "buy" rating and set a GBX 348 price target on shares of Barratt Redrow in a research report on Thursday, July 16th. Eight analysts have rated the stock with a Buy rating and two have assigned a Hold rating to the stock. According to MarketBeat.com, the stock presently has an average rating of "Moderate Buy" and a consensus price target of GBX 373.10.

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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