Zacks Investment Research upgraded shares of Barratt Devel (NASDAQ:BTDPY) from a hold rating to a buy rating in a report released on Wednesday morning. Zacks Investment Research currently has $13.00 target price on the stock.

According to Zacks, “Barratt Developments plc engages in the business of developing residential and non residential properties primarily in the United Kingdom. The company develops houses in towns, cities and rural areas. It operates under brands for house building- Barratt Homes and David Wilson Homes. The company’s commercial property development business, Wilson Bowden Developments is focused on retail, leisure, office, industrial and mixed-use schemes. Barratt Developments plc is headquartered in London, the United Kingdom. “

Shares of Barratt Devel (BTDPY) remained flat at $11.70 during mid-day trading on Wednesday. 42 shares of the company’s stock traded hands. Barratt Devel has a 12 month low of $11.65 and a 12 month high of $11.70.

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