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

Barratt Redrow plc. (OTCMKTS:BTDPY) has been given an average recommendation of “Moderate Buy” by the nine analysts that are currently covering the firm, MarketBeat Ratings reports. Three investment analysts have rated the stock with a hold recommendation, four have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

Several equities analysts have recently commented on the stock. Barclays lowered shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Zacks Research upgraded shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Berenberg Bank raised shares of Barratt Redrow from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. Finally, Royal Bank Of Canada raised shares of Barratt Redrow from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, April 1st.

Barratt Redrow Stock Up 0.8%

Shares of OTCMKTS BTDPY opened at $7.53 on Tuesday. Barratt Redrow has a 1-year low of $6.38 and a 1-year high of $11.38. The business’s fifty day moving average price is $7.03 and its two-hundred day moving average price is $8.31.

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.