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

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have earned an average rating of “Moderate Buy” from the seven ratings firms that are presently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold rating, two have given a buy rating and two have assigned a strong buy rating to the company.

Several research firms have recently issued reports on BTDPY. Zacks Research raised Barratt Redrow from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 11th. The Goldman Sachs Group assumed coverage on shares of Barratt Redrow in a research note on Monday, November 24th. They set a “buy” rating for the company. Royal Bank Of Canada lowered Barratt Redrow from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, December 2nd. Peel Hunt raised Barratt Redrow to a “strong-buy” rating in a research report on Thursday, September 18th. Finally, Jefferies Financial Group cut shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd.

Barratt Redrow Stock Performance

OTCMKTS:BTDPY opened at $10.28 on Friday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.78 and a quick ratio of 0.78. Barratt Redrow has a fifty-two week low of $9.39 and a fifty-two week high of $13.18. The business has a 50 day moving average price of $10.20 and a 200-day moving average price of $10.65.

Barratt Redrow Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, December 1st. Shareholders of record on Monday, October 13th were given a $0.2636 dividend. This represents a yield of 357.0%. The ex-dividend date of this dividend was Friday, October 10th.

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.