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

Barratt Redrow plc. (OTCMKTS:BTDPY) has received a consensus rating of “Moderate Buy” from the seven research firms that are currently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell rating, two have assigned a hold rating, three have assigned a buy rating and one has assigned a strong buy rating to the company.

Several analysts have recently weighed in on BTDPY shares. Jefferies Financial Group cut shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. Royal Bank Of Canada restated a “sector perform” rating on shares of Barratt Redrow in a research note on Thursday, February 12th. Zacks Research downgraded Barratt Redrow from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. Peel Hunt lowered Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 16th. Finally, The Goldman Sachs Group started coverage on Barratt Redrow in a research report on Monday, November 24th. They set a “buy” rating for the company.

Barratt Redrow Stock Performance

Shares of Barratt Redrow stock opened at $8.36 on Wednesday. Barratt Redrow has a 52-week low of $8.29 and a 52-week high of $13.18. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.78 and a quick ratio of 0.78. The company’s fifty day moving average price is $10.34 and its two-hundred day moving average price is $10.24.

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.