Barratt Developments PLC Unsponsored ADR (BTDPY) Lowered to “Hold” at Zacks Investment Research
Barratt Developments PLC Unsponsored ADR (OTCMKTS:BTDPY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a note issued to investors on Monday.
According to Zacks, “Barratt Developments plc engages in the business of developing residential and non residential properties primarily in the United Kingdom. The company develops houses in towns, cities and rural areas. It operates under brands for house building- Barratt Homes and David Wilson Homes. The company’s commercial property development business, Wilson Bowden Developments is focused on retail, leisure, office, industrial and mixed-use schemes. Barratt Developments plc is headquartered in London, the United Kingdom. “
Separately, Credit Suisse Group raised shares of Barratt Developments PLC Unsponsored ADR from a “neutral” rating to an “outperform” rating in a report on Friday, October 6th.
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