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

Barratt Redrow plc. (OTCMKTS:BTDPY) has received an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Three equities research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company.

BTDPY has been the subject of a number of research analyst reports. Barclays cut Barratt Redrow from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th. Royal Bank Of Canada upgraded Barratt Redrow from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, April 1st. 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 Stock Performance

OTCMKTS BTDPY opened at $6.89 on Friday. The business has a fifty day moving average price of $6.94 and a two-hundred day moving average price of $8.62. Barratt Redrow has a fifty-two week low of $6.38 and a fifty-two week high of $13.14.

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.