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

Barratt Redrow plc. (OTCMKTS:BTDPY) has been given an average recommendation of “Moderate Buy” by the eight analysts that are currently covering the stock, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has issued a strong buy recommendation on the company.

Several research analysts have weighed in on BTDPY shares. Barclays lowered shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Tuesday, May 19th. Berenberg Bank upgraded shares of Barratt Redrow from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. Finally, Zacks Research upgraded shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Tuesday, April 14th.

Barratt Redrow Stock Performance

Shares of BTDPY opened at $7.84 on Friday. The company’s 50-day moving average price is $7.27 and its 200 day moving average price is $8.06. Barratt Redrow has a 12-month low of $6.38 and a 12-month high of $11.24.

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.