Barratt Redrow’s (BTRW) “Buy” Rating Reiterated at Deutsche Bank Aktiengesellschaft

Deutsche Bank Aktiengesellschaft reiterated their buy rating on shares of Barratt Redrow (LON:BTRW) in a report issued on Wednesday, Marketbeat reports. Deutsche Bank Aktiengesellschaft currently has a GBX 536 ($7.19) target price on the stock.

Other research analysts have also recently issued reports about the company. Royal Bank Of Canada lowered their target price on Barratt Redrow from GBX 575 ($7.72) to GBX 550 ($7.38) and set an “outperform” rating on the stock in a report on Wednesday. Citigroup lowered their target price on Barratt Redrow from GBX 591 ($7.93) to GBX 510 ($6.85) and set a “buy” rating on the stock in a report on Wednesday.

Barratt Redrow Trading Up 0.7%

BTRW stock opened at GBX 379.90 ($5.10) on Wednesday. Barratt Redrow has a 12-month low of GBX 362.50 ($4.87) and a 12-month high of GBX 507.40 ($6.81). The business’s 50-day moving average is GBX 448.46 and its 200 day moving average is GBX 438.61.

Insider Activity

In other Barratt Redrow news, insider Caroline Silver bought 13,000 shares of Barratt Redrow stock in a transaction on Wednesday, July 16th. The shares were bought at an average cost of GBX 375 ($5.03) per share, for a total transaction of £48,750 ($65,436.24). Also, insider Mike Scott acquired 2,500 shares of Barratt Redrow stock in a transaction dated Tuesday, July 15th. The stock was bought at an average price of GBX 386 ($5.18) per share, for a total transaction of £9,650 ($12,953.02).

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.