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

Barratt Redrow plc. (OTCMKTS:BTDPY) has been assigned an average recommendation of “Moderate Buy” from the seven brokerages that are currently covering the company, Marketbeat.com reports. Three equities research analysts have rated the stock with a hold recommendation, two have assigned a buy recommendation and two have given a strong buy recommendation to the company.

Several analysts have recently weighed in on the company. Royal Bank Of Canada downgraded Barratt Redrow from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, December 2nd. The Goldman Sachs Group began coverage on shares of Barratt Redrow in a research report on Monday, November 24th. They issued a “buy” rating for the company. Jefferies Financial Group lowered shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Finally, Zacks Research upgraded Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th.

Barratt Redrow Price Performance

Shares of BTDPY stock opened at $10.76 on Friday. The stock has a 50 day moving average price of $10.34 and a 200 day moving average price of $10.26. Barratt Redrow has a 52-week low of $9.39 and a 52-week high of $13.18. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.78 and a quick ratio of 0.78.

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.