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

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have been assigned an average rating of “Moderate Buy” from the seven ratings firms that are covering the company, Marketbeat reports. One investment analyst has rated the stock with a sell rating, two have assigned a hold rating, three have issued a buy rating and one has issued a strong buy rating on the company.

BTDPY has been the topic of a number of research reports. Zacks Research downgraded shares of Barratt Redrow from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. 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. Royal Bank Of Canada restated a “sector perform” rating on shares of Barratt Redrow in a report on Thursday, February 12th. Peel Hunt cut Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a research report on Monday, February 16th. Finally, The Goldman Sachs Group initiated coverage on Barratt Redrow in a report on Monday, November 24th. They set a “buy” rating on the stock.

Barratt Redrow Stock Performance

BTDPY opened at $8.36 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.78 and a quick ratio of 0.78. The stock’s fifty day moving average is $10.34 and its 200-day moving average is $10.24. Barratt Redrow has a one year low of $8.29 and a one year high of $13.18.

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.