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The latest announcement is out from Barratt Developments ( (GB:BTRW) ).
Barratt Redrow PLC announced that its Chief Financial Officer, Mike Scott, acquired 2,500 ordinary shares of the company at a price of £3.85669 per share. This transaction highlights the confidence of the company’s management in its financial health and future prospects, potentially positively influencing stakeholder perception and market positioning.
The most recent analyst rating on (GB:BTRW) stock is a Buy with a £507.00 price target. To see the full list of analyst forecasts on Barratt Developments 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 score reflects a mixed outlook. Strong corporate events and a robust balance sheet are offset by weak cash flow, high P/E ratio, and bearish technical indicators. Strategic actions may improve future prospects, but current financial and technical challenges weigh heavily.
To see Spark’s full report on GB:BTRW stock, click here.
More about Barratt Developments
Average Trading Volume: 4,600,713
Technical Sentiment Signal: Sell
Current Market Cap: £5.92B
See more insights into BTRW stock on TipRanks’ Stock Analysis page.