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

Barratt Redrow plc. (OTCMKTS:BTDPY) has been assigned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Three 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.

A number of equities research analysts have recently commented on the stock. Barclays cut shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a report on Tuesday. Zacks Research upgraded shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th. Peel Hunt cut shares of Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a report on Monday, February 16th. Finally, Royal Bank Of Canada upgraded shares of Barratt Redrow from a “hold” rating to a “moderate buy” rating in a report on Wednesday, April 1st.

Barratt Redrow Trading Up 0.5%

OTCMKTS:BTDPY opened at $6.91 on Monday. The company’s 50 day moving average price is $7.05 and its 200-day moving average price is $9.07. Barratt Redrow has a 52 week low of $6.47 and a 52 week 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.