Added to YB: 2025-11-14
Pitch date: 2025-11-12
BTRW.L [bullish]
Barratt Redrow plc
-8%
current return
Author Info
No bio for this author
Company Info
Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company is also involved in the commercial development business, which includes offices, retail, leisure, industrial, and distribution properties under the Wilson Bowden Developments brand; and land development activities.
Market Cap
GBP 5.7B
Pitch Price
GBP 3.90
Price Target
4.37 (+22%)
Dividend
4.39%
EV/EBITDA
9.45
P/E
30.12
EV/Sales
0.89
Sector
Household Durables
Category
value
Barratt Redrow plc (BTRW.L): Synergy-Driven Margin Gains and 60% Forward Sales Position UK’s Largest Housebuilder for Re-Rating
BTRW.L: UK's largest housebuilder post-Barratt+Redrow merger. 60% FY26 volumes forward sold (~17,200 homes) provides revenue visibility. Gross margin up to 14.1% from £69M synergies, targeting £45M more in 2026. Net cash £773M funds £100M buybacks. Trading below 437p TNAV at 400p, 4%+ yield.
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