Barratt Redrow (OTCMKTS:BTDPY) Stock Price Up 0.5% – Here’s Why

Barratt Redrow plc. (OTCMKTS:BTDPY) rose 0.5% during trading on Monday . The stock traded as high as $8.5444 and last traded at $8.52. 2,740 shares changed hands during trading, a decline of 92% from the average daily volume of 33,125 shares. The stock had previously closed at $8.48.

Analyst Ratings Changes

BTDPY has been the topic of several recent analyst reports. Berenberg Bank raised Barratt Redrow from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th. Barclays downgraded Barratt Redrow from a “strong-buy” rating to a “hold” rating in a report on Tuesday, May 19th. One analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have given a Hold rating to the company. Based on data from MarketBeat.com, the stock has a consensus rating of “Moderate Buy”.

Barratt Redrow Trading Up 0.5%

The business has a fifty day moving average of $7.80 and a 200 day moving average of $7.82.

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.