Barratt Redrow plc. (OTCMKTS:BTDPY) Given Average Recommendation of “Moderate Buy” by Analysts

Barratt Redrow plc. (OTCMKTS:BTDPY) has earned an average rating of “Moderate Buy” from the eight ratings firms that are currently covering the stock, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold rating, four have given a buy rating and one has given a strong buy rating to the company.

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

Barratt Redrow Stock Performance

Shares of Barratt Redrow stock opened at $8.72 on Wednesday. The business has a 50-day moving average of $7.84 and a two-hundred day moving average of $7.80. Barratt Redrow has a 1 year low of $6.38 and a 1 year 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.