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

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have earned a consensus recommendation of “Moderate Buy” from the nine brokerages that are covering the firm, Marketbeat Ratings reports. Three analysts have rated the stock with a hold recommendation, four have given a buy recommendation and two have given a strong buy recommendation to the company.

BTDPY has been the topic of several research reports. Barclays cut shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Royal Bank Of Canada raised shares of Barratt Redrow from a “hold” rating to a “moderate buy” rating in a report on Wednesday, April 1st. Zacks Research upgraded shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Finally, Berenberg Bank raised shares of Barratt Redrow from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th.

Barratt Redrow Price Performance

OTCMKTS BTDPY traded up $0.00 during trading on Tuesday, reaching $7.52. The company’s stock had a trading volume of 23,070 shares, compared to its average volume of 187,336. The firm has a fifty day moving average of $6.97 and a 200 day moving average of $8.40. Barratt Redrow has a one year low of $6.38 and a one year high of $11.71.

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.