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

Barratt Redrow plc. (OTCMKTS:BTDPY) has received an average rating of “Moderate Buy” from the eight ratings firms that are presently covering the stock, Marketbeat.com reports. Three equities research 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.

Several analysts have recently issued reports on BTDPY shares. Zacks Research upgraded Barratt Redrow from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. Royal Bank Of Canada upgraded Barratt Redrow from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, April 1st. Barclays downgraded Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Finally, Peel Hunt downgraded Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 16th.

Barratt Redrow Stock Performance

Shares of OTCMKTS BTDPY opened at $6.91 on Monday. The business’s 50-day moving average price is $7.05 and its two-hundred day moving average price is $9.06. Barratt Redrow has a one year low of $6.47 and a one year high of $13.18.

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.