Insider Buying: Barratt Redrow (LON:BTRW) Insider Buys £10,923.75 in Stock

Barratt Redrow plc (LON:BTRW) insider Katie Bickerstaffe acquired 2,913 shares of the company’s stock in a transaction on Tuesday, November 18th. The stock was purchased at an average cost of GBX 375 per share, for a total transaction of £10,923.75.

Katie Bickerstaffe also recently made the following trade(s):

• On Thursday, September 18th, Katie Bickerstaffe acquired 5,037 shares of Barratt Redrow stock. The stock was purchased at an average price of GBX 374 per share, for a total transaction of £18,838.38.

Barratt Redrow Price Performance

Barratt Redrow stock opened at GBX 378.80 on Friday. The stock has a market cap of £5.36 billion and a PE ratio of 28.48. The stock’s fifty day moving average is GBX 383.29 and its two-hundred day moving average is GBX 405.56. Barratt Redrow plc has a 1-year low of GBX 287.20 and a 1-year high of GBX 486.50.

Barratt Redrow (LON:BTRW) last released its quarterly earnings data on Wednesday, September 17th. The company reported GBX 25.50 earnings per share (EPS) for the quarter.

Analysts Set New Price Targets

BTRW has been the topic of a number of research analyst reports. UBS Group reissued a “buy” rating and set a GBX 565 price objective on shares of Barratt Redrow in a report on Friday, September 5th. Peel Hunt reissued a “buy” rating and issued a GBX 470 target price on shares of Barratt Redrow in a report on Wednesday, November 5th. Jefferies Financial Group decreased their target price on Barratt Redrow from GBX 487 to GBX 486 and set a “buy” rating for the company in a research report on Monday, November 10th. Finally, Berenberg Bank reissued a “hold” rating and issued a GBX 440 price objective on shares of Barratt Redrow in a report on Monday, September 8th. Six investment analysts have rated the stock with a Buy rating and one has issued a Hold rating to the stock. According to data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy” and an average target price of GBX 508.14.

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.