Barratt Redrow plc. (OTCMKTS:BTDPY) Receives Average Rating of “Moderate Buy” from Brokerages

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have received a consensus rating of “Moderate Buy” from the eight analysts that are presently covering the firm, Marketbeat.com reports. Three investment analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company.

A number of brokerages have commented on BTDPY. Barclays downgraded shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Zacks Research upgraded shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Finally, Berenberg Bank raised shares of Barratt Redrow from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th.

Barratt Redrow Price Performance

Shares of BTDPY opened at $7.84 on Friday. Barratt Redrow has a 12-month low of $6.38 and a 12-month high of $11.24. The firm has a 50-day moving average price of $7.27 and a 200 day moving average price of $8.06.

Barratt Redrow Company Profile

Barratt Redrow plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties. It is also involved in the commercial development business under the Wilson Bowden Developments brand name. The company offers its homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.