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

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have earned an average recommendation of “Moderate Buy” from the eight analysts that are currently covering the firm, Marketbeat reports. Three research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has given a strong buy recommendation to the company.

Several brokerages have issued reports on BTDPY. Barclays lowered Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Zacks Research upgraded Barratt Redrow from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. Royal Bank Of Canada upgraded Barratt Redrow from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, April 1st. Finally, Peel Hunt lowered shares of Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 16th.

Barratt Redrow Stock Down 1.0%

OTCMKTS:BTDPY opened at $6.52 on Friday. The firm’s 50 day moving average is $6.96 and its 200 day moving average is $8.75. Barratt Redrow has a 12 month low of $6.38 and a 12 month high of $13.18.

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.