Elevate Your Investing Strategy:
- Take advantage of TipRanks Premium at 50% off! Unlock powerful investing tools, advanced data, and expert analyst insights to help you invest with confidence.
- Make smarter investment decisions with TipRanks' Smart Investor Picks, delivered to your inbox every week.
Barratt Developments ( (GB:BTRW) ) has provided an announcement.
Barratt Redrow plc reported a solid performance for the fiscal year ending June 2025, despite challenges such as consumer caution and high mortgage rates impacting demand. The company benefited from the Redrow acquisition, achieving cost synergies ahead of schedule and implementing a new divisional structure. Although home completions were slightly below expectations due to fewer international and investor completions in London, Barratt Redrow’s forward sales position improved significantly. The company remains confident in its medium-term growth strategy, aiming to deliver 22,000 homes annually, supported by a strong order book and ongoing integration efforts.
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 is driven by a strong balance sheet and positive corporate actions like share buybacks. However, this is offset by weak cash flow and high valuation metrics, suggesting caution. Despite technical and valuation challenges, the company’s strategic actions reflect confidence in its future potential.
To see Spark’s full report on GB:BTRW stock, click here.
More about Barratt Developments
Barratt Redrow plc is a prominent UK homebuilder, specializing in the construction of high-quality homes. The company operates through three market-leading brands and maintains a strong land pipeline, positioning itself to capitalize on the long-term structural under-supply of housing in the UK. Barratt Redrow aims to deliver around 22,000 homes annually in the medium term, leveraging its robust financial position and strategic partnerships.
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.