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

Barratt Redrow plc. (OTCMKTS:BTDPY) has been given an average recommendation of “Moderate Buy” by the eight brokerages that are covering the company, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, four have issued a buy rating and one has assigned a strong buy rating to the company.

BTDPY has been the topic of several research analyst reports. Berenberg Bank raised Barratt Redrow from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. Barclays downgraded shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th.

Barratt Redrow Price Performance

BTDPY stock opened at $8.37 on Wednesday. The stock has a 50-day moving average price of $8.01 and a two-hundred day moving average price of $7.72. Barratt Redrow has a 12-month low of $6.38 and a 12-month high of $11.24.

About Barratt Redrow

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.