UK's Barratt Redrow slips after target price downgrade
16/02/2026 08:25
** Britain's largest homebuilder Barratt Redrow BTRW.L down 2.2% at 380.4p ** Deutsche Bank cuts target price for Barratt stock to 454p from 536p, while Peel Hunt cuts target price to 430p from 470p ** Co cuts dividend and posted lower first-half profit last week as building costs squeezed its margins ** BTRW stock lost 13.4% in 2025 (Reporting by Sri Hari N S in Bengaluru) ((Srihari.ns@thomsonreuters.com))