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Analysts at Berenberg lowered their target price on housebuilder Barratt Redrow from 540.0p to 485.0p on Wednesday following the group's FY25 trading update a day earlier.
The housebuilder missed its own sales guidance but launched a £100 million share buyback and said it still expects to meet market forecasts for a key metric.
The FTSE 100 index is seen breaking the 9000 threshold for the first time after futures trading pointed to a rise of 0.2% at the opening bell. London’s top flight last night set a record close of 8998 ...
A FTSE 100 leader in the homebuilding sector is close to levels not seen since 2022, but this may mean it could be the right ...
Aarin Chiekrie, equity analyst at Hargreaves Lansdown, said these cost savings “helped underlying pre-tax profits to land in line with market expectations of around £583m, despite home completions not ...
Berkeley's share price has dropped by more than eight per cent in the past month and Persimmon is down four per cent.
Fiscal 2025 completions at 16,565 vs forecast 16,800-17,200 Fiscal 2026 completions projected at 17,200-17,800 homes Shares drop to lowest since October 2022 July 15 (Reuters) - Britain's largest ...