Citigroup Cuts Barratt Redrow (LON:BTRW) Price...

Barratt Redrow (LON:BTRW – Free Report) had its target price reduced by Citigroup from GBX 591 ($7.93) to GBX 510 ($6.85) in a research report report published on Wednesday morning, Marketbeat reports. Citigroup currently has a buy rating on the stock.

Separately, Royal Bank Of Canada lowered their price objective on Barratt Redrow from GBX 575 ($7.72) to GBX 550 ($7.38) and set an “outperform” rating for the company in a research note on Wednesday.

Get Our Latest Stock Analysis on BTRW

Barratt Redrow Trading Up 0.7%

BTRW stock opened at GBX 379.90 ($5.10) on Wednesday. The firm has a 50 day moving average price of GBX 448.46 and a 200-day moving average price of GBX 438.61. Barratt Redrow has a 52-week low of GBX 362.50 ($4.87) and a 52-week high of GBX 507.40 ($6.81).

Insider Buying and Selling at Barratt Redrow

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

Barratt Redrow Company Profile

(Get Free Report)

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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