Barratt Developments stock holds steady as full-year results for Barratt Redrow near

Published on 09/11/2026 at 21:58 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS

Barratt Developments stock closed at GBP 292.31 on the London Stock Exchange on September 10, 2026, around 21 percent below UBS’s 370 pence target. Consensus now looks for adjusted pre-tax profit of about GBP 560 million for fiscal 2026 versus GBP 293.3 million operating profit last year.

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Barratt Developments stock (ISIN GB0000811801) traded at GBP 292.31 on the London Stock Exchange as of September 10, 2026, leaving the shares roughly 21 percent below a 370 pence price target from UBS and in focus ahead of updated figures for the enlarged Barratt Redrow group.

UBS stance and earnings expectations

According to Ad-hoc-news on September 10, 2026, UBS maintains a Buy view on Barratt Developments, using a price target of 370 pence for the combined Barratt Redrow PLC shares, down from a previously cited 402 pence, which implies scope for upside from the latest 292.31 pence quote.

As Interactive Investor reported on September 11, 2026, Barratt Redrow generated revenue of GBP 5.18 billion in the last completed fiscal year, an increase of 8 percent compared with the previous year, while underlying operating profit fell 19 percent to GBP 293.3 million, highlighting margin pressure from cost inflation and a softer housing market.

Despite that profit decline, the same preview notes that analysts now estimate adjusted pre-tax profit of around GBP 560 million for the ongoing year, a notable improvement relative to the prior-year underlying operating profit and broadly in line with market expectations, suggesting that cost controls and synergies from the Redrow combination are expected to support earnings at Barratt Developments and Barratt Redrow.

Fundamentals and recent performance

In the context of those forecasts, the revenue of GBP 5.18 billion reported for the last fiscal year by Barratt Redrow, up 8 percent year-on-year, provides investors in Barratt Developments with a sense of the enlarged group’s scale, even as the 19 percent drop in underlying operating profit to GBP 293.3 million underscores that profitability has lagged top-line growth.

At the latest available quote of GBP 292.31 as of September 10, 2026 on the London Stock Exchange, Barratt Developments stock remains below the 370 pence UBS target, a gap of approximately 26 percent when measured against that level, which frames the upside implied by the Buy rating if the group delivers the around GBP 560 million adjusted pre-tax profit that analysts expect for the year.

The same Ad-hoc-news snapshot from September 10, 2026 cites an earnings per share figure of 0.15 and a forward dividend yield of 5.73 percent for Barratt Developments as of that date, indicating that the shares currently combine modest earnings with a relatively high implied cash return for income-focused holders, albeit based on a housing market that has recently been affected by interest-rate moves and economic uncertainty.

Stock position and investor perspective

At GBP 292.31, the latest Barratt Developments price on September 10, 2026 sits below a range of analyst valuation marks, including the 370 pence UBS target referenced in recent coverage, leaving the stock at a discount to those estimates while the market waits for full-year results for the Barratt Redrow group that are expected to clarify how quickly profits can recover from the 19 percent operating decline seen in the last fiscal year.