TipRanks Cyber Monday Sale
- Claim 60% off TipRanks Premium for data-backed insights and research tools you need to invest with confidence.
- Subscribe to TipRanks' Smart Investor Picks and see our data in action through our high-performing model portfolio - now also 60% off
An update from Barratt Redrow ( (GB:BTRW) ) is now available.
Barratt Redrow plc has executed a share buyback transaction as part of its £100 million share repurchase programme, purchasing 130,000 ordinary shares from Barclays Bank plc for cancellation. This move is part of the company’s strategy to enhance shareholder value and optimize its capital structure, potentially impacting its market positioning and shareholder returns.
The most recent analyst rating on (GB:BTRW) stock is a Hold with a £450.00 price target. To see the full list of analyst forecasts on Barratt Redrow stock, see the GB:BTRW Stock Forecast page.
Spark’s Take on GB:BTRW Stock
According to Spark, TipRanks’ AI Analyst, GB:BTRW is a Neutral.
The overall stock score reflects strong revenue growth and a solid balance sheet, offset by challenges in profitability and cash flow. Technical indicators suggest potential upward momentum, but valuation concerns due to a high P/E ratio weigh on the score. The attractive dividend yield provides some support.
To see Spark’s full report on GB:BTRW stock, click here.
More about Barratt Redrow
Barratt Redrow plc operates in the construction industry, focusing on residential property development and homebuilding. The company is known for its development of new homes and communities across the UK, catering to a wide range of market segments.
Average Trading Volume: 4,961,884
Technical Sentiment Signal: Sell
Current Market Cap: £5.49B
Find detailed analytics on BTRW stock on TipRanks’ Stock Analysis page.