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

Barratt Redrow plc. (OTCMKTS:BTDPY) has earned a consensus rating of “Moderate Buy” from the seven analysts that are presently covering the firm, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have issued a strong buy recommendation on the company.

Several analysts have commented on BTDPY shares. Jefferies Financial Group cut Barratt Redrow from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd. The Goldman Sachs Group assumed coverage on shares of Barratt Redrow in a research report on Monday, November 24th. They set a “buy” rating for the company. Zacks Research upgraded shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Finally, Royal Bank Of Canada restated a “sector perform” rating on shares of Barratt Redrow in a report on Thursday.

Barratt Redrow Trading Down 1.1%

BTDPY stock opened at $10.77 on Friday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.78 and a current ratio of 0.78. Barratt Redrow has a 52-week low of $9.39 and a 52-week high of $13.18. The stock’s fifty day simple moving average is $10.39 and its 200-day simple moving average is $10.27.

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.