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

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have earned an average recommendation of “Moderate Buy” from the seven ratings firms that are currently covering the stock, Marketbeat.com reports. Three analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have given a strong buy recommendation to the company.

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

Barratt Redrow Price Performance

BTDPY opened at $10.35 on Tuesday. The firm’s fifty day moving average is $10.17 and its two-hundred day moving average is $10.27. Barratt Redrow has a twelve month low of $9.39 and a twelve month high of $13.18. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.03.

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.