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Barratt Redrow ( (GB:BTRW) ) has shared an update.
Barratt Redrow PLC announced that Geeta Nanda, a Non-Executive Director, acquired 1,347 ordinary shares at £3.692 per share. This transaction reflects ongoing confidence in the company’s market position and governance, as directors and associated persons hold substantial shares, indicating potential positive implications for stakeholder trust and company stability.
The most recent analyst rating on (GB:BTRW) stock is a Buy with a £5.24 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 score is moderate due to mixed financial performance and bearish technical indicators. The robust balance sheet and positive corporate events, particularly the share buyback program, provide some support. However, high valuation metrics and weak cash flow conversion remain concerns.
To see Spark’s full report on GB:BTRW stock, click here.
More about Barratt Redrow
Barratt Redrow PLC operates in the construction industry, primarily focusing on residential property development. The company is known for building homes and has a significant presence in the UK housing market.
Average Trading Volume: 5,197,786
Technical Sentiment Signal: Sell
Current Market Cap: £5.3B
See more data about BTRW stock on TipRanks’ Stock Analysis page.