Redrow stock heads into the open after an 11.7% jump
Published on 09/18/2026 at 07:37 | Editorial responsibility: Rafael Müller, Editor-in-Chief AD HOC NEWS
Redrow stock closed at GBX 308.80 on the London Stock Exchange on September 16, 2026, up 11.72% from the prior session as the combined Barratt Redrow group reported stronger-than-expected profit and outlined a sizeable capital return plan for 2027. As reported by Ad-hoc-news, the shares traded between a 12-month low of GBX 235.40 and a high of GBX 410.29, leaving the latest close well above the low but still below the recent peak.
September 16, 2026 in numbers
Barratt Redrow PLC (ISIN GB0007323586) shares, which reflect Redrow’s listed exposure within the merged housebuilder, finished the September 16, 2026 session at GBX 308.80 on the London Stock Exchange after rising 11.72% on the day, according to the same London close data. The move followed the release of full-year 2026 results in which the group posted profit ahead of market expectations and combined this with plans for a substantial capital return in 2027, as highlighted by Morningstar. Per the Ad-hoc-news London close overview, the GBX 308.80 finish sat comfortably above the 12-month low of GBX 235.40 but below the GBX 410.29 high, underscoring how the post-results rally has narrowed the gap to the upper end of the 12-month trading range without fully closing it.
Analyst reaction reinforced the upbeat tone. In a report published on September 17, 2026, TipRanks noted that Goldman Sachs reiterated a buy rating on Barratt Redrow with a price target of GBX 340 and cited a prior close at p308.80, reflecting confidence that the earnings delivery and planned capital returns can support further value despite ongoing margin pressures in the wider UK housing market.
Outlook today
Today, September 18, 2026, investors face the London open with Redrow’s combined Barratt Redrow shares coming off that strong post-results session and fresh analyst support. As the earnings commentary from Morningstar emphasized, the group’s full-year 2026 update left its fair value estimate at GBX 375, framing today’s trading against an assessment that the latest profit delivery and synergy outlook are broadly in line with medium-term expectations. In addition, the broader UK housing sector remains sensitive to domestic economic data and interest-rate expectations, so any new signals on inflation or monetary policy over the coming days may influence sentiment toward Barratt Redrow and, by extension, Redrow’s exposure within the merged entity.
