Mike Scott Buys 2,500 Shares of Barratt Redrow plc (LON:BTRW) Stock

Barratt Redrow plc (LON:BTRW) insider Mike Scott purchased 2,500 shares of the business’s stock in a transaction dated Tuesday, July 15th. The shares were purchased at an average cost of GBX 386 ($5.18) per share, for a total transaction of £9,650 ($12,949.54).

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

• On Wednesday, April 16th, Mike Scott purchased 4,750 shares of Barratt Redrow stock. The shares were purchased at an average cost of GBX 436 ($5.85) per share, for a total transaction of £20,710 ($27,791.20).

Barratt Redrow Trading Down 0.7%

Shares of BTRW stock opened at GBX 374.70 ($5.03) on Thursday. The stock has a 50 day simple moving average of GBX 452.06 and a two-hundred day simple moving average of GBX 439.41. Barratt Redrow plc has a fifty-two week low of GBX 362.50 ($4.86) and a fifty-two week high of GBX 507.40 ($6.81).

Wall Street Analysts Forecast Growth

BTRW has been the topic of a number of recent research reports. Royal Bank Of Canada cut their price target on Barratt Redrow from GBX 575 ($7.72) to GBX 550 ($7.38) and set an “outperform” rating on the stock in a research note on Wednesday. Citigroup lowered their price objective on Barratt Redrow from GBX 591 ($7.93) to GBX 510 ($6.84) and set a “buy” rating for the company in a research report on Wednesday. Deutsche Bank Aktiengesellschaft restated a “buy” rating and set a GBX 536 ($7.19) price objective on shares of Barratt Redrow in a research report on Wednesday. Finally, Berenberg Bank lowered their target price on Barratt Redrow from GBX 540 ($7.25) to GBX 485 ($6.51) and set a “hold” rating for the company in a report on Tuesday.

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.