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

Barratt Redrow plc. (OTCMKTS:BTDPY) has earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are presently covering the firm, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold recommendation, four have assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of brokerages have commented on BTDPY. Berenberg Bank raised shares of Barratt Redrow from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Royal Bank Of Canada raised Barratt Redrow from a “hold” rating to a “moderate buy” rating in a report on Wednesday, April 1st. Barclays downgraded Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Finally, Zacks Research upgraded Barratt Redrow from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th.

Barratt Redrow Price Performance

Shares of OTCMKTS:BTDPY traded up $0.00 during trading on Tuesday, hitting $7.52. The company’s stock had a trading volume of 23,070 shares, compared to its average volume of 187,336. The company has a 50-day moving average of $6.97 and a 200-day moving average of $8.40. Barratt Redrow has a 12 month low of $6.38 and a 12 month high of $11.71.

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.