Barratt Redrow (OTCMKTS:BTDPY) Upgraded at Royal Bank Of Canada

Barratt Redrow (OTCMKTS:BTDPY) was upgraded by analysts at Royal Bank Of Canada from a “hold” rating to a “moderate buy” rating in a research report issued on Wednesday,Zacks.com reports.

BTDPY has been the subject of several other reports. Zacks Research lowered Barratt Redrow from a “hold” rating to a “strong sell” rating in a research report on Tuesday, February 17th. Peel Hunt downgraded shares of Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 16th. Finally, Jefferies Financial Group lowered shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. One analyst has rated the stock with a Strong Buy rating, four have assigned a Buy rating, one has assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, Barratt Redrow presently has a consensus rating of “Moderate Buy”.

Barratt Redrow Trading Up 1.3%

OTCMKTS BTDPY opened at $7.01 on Wednesday. The stock has a 50-day simple moving average of $9.25 and a 200 day simple moving average of $9.91. Barratt Redrow has a 12 month low of $6.69 and a 12 month high of $13.18.

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.