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Barratt Redrow PLC Grants Performance Share Awards to Executives

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Barratt Redrow PLC Grants Performance Share Awards to Executives

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Barratt Redrow ( (GB:BTRW) ) just unveiled an update.

Barratt Redrow PLC announced the grant of performance share awards to its Executive Directors under the Long Term Performance Plan (LTPP), with specific performance targets tied to TSR, Adjusted EPS, ROCE, and Greenhouse Gas Emissions Reduction. Additionally, the vesting of previous awards under the Barratt Developments PLC Long Term Performance Plan and the Deferred Bonus Plan was disclosed, highlighting the retention and sale of shares by the executives to cover tax liabilities, which underscores the company’s commitment to aligning executive incentives with long-term performance and sustainability goals.

The most recent analyst rating on (GB:BTRW) stock is a Hold with a £419.00 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.

Barratt Redrow’s overall stock score is driven by strong financial performance, particularly in revenue growth and balance sheet strength. Technical analysis shows short-term bullish momentum, but longer-term trends are less favorable. The valuation suggests potential overvaluation, though the dividend yield is a positive factor. The absence of earnings call data and corporate events limits additional insights.

To see Spark’s full report on GB:BTRW stock, click here.

More about Barratt Redrow

Barratt Redrow PLC operates in the housing industry, focusing on residential property development. The company is primarily engaged in building and selling homes across the UK, catering to a wide range of market segments.

Average Trading Volume: 4,664,947

Technical Sentiment Signal: Hold

Current Market Cap: £5.48B

See more data about BTRW stock on TipRanks’ Stock Analysis page.

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