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

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have been assigned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the firm, MarketBeat.com reports. Three investment analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts recently weighed in on the company. Zacks Research raised Barratt Redrow from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Berenberg Bank upgraded Barratt Redrow from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. Finally, Barclays lowered Barratt Redrow from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th.

Barratt Redrow Stock Performance

Shares of OTCMKTS BTDPY opened at $8.69 on Friday. Barratt Redrow has a 52-week low of $6.38 and a 52-week high of $11.24. The stock’s fifty day simple moving average is $7.40 and its 200 day simple moving average is $8.00.

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.