Barratt Redrow (OTCMKTS:BTDPY) Upgraded by Zacks Research to “Hold” Rating

Barratt Redrow (OTCMKTS:BTDPY) was upgraded by research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a report issued on Tuesday,Zacks.com reports.

Other research analysts have also issued research reports about the stock. Peel Hunt lowered shares of Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 16th. Royal Bank Of Canada raised shares of Barratt Redrow from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, April 1st. One equities research analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating and two have given a Hold rating to the company. Based on data from MarketBeat.com, the company has an average rating of “Moderate Buy”.

Barratt Redrow Stock Up 2.8%

Shares of BTDPY stock opened at $7.29 on Tuesday. The company has a 50-day moving average of $8.50 and a two-hundred day moving average of $9.69. Barratt Redrow has a 1-year low of $6.61 and a 1-year high of $13.18.

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.