Barratt Redrow plc. (BTDPY) – What Are Investment Firms Saying About This Stock?

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have earned an average recommendation of “Moderate Buy” from the eight research firms that are covering the stock, Marketbeat Ratings reports. Four analysts have rated the stock with a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

BTDPY has been the subject of several recent research reports. Berenberg Bank upgraded Barratt Redrow from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th. UBS Group assumed coverage on Barratt Redrow in a report on Wednesday, September 9th. They issued a “buy” rating on the stock. Finally, Peel Hunt downgraded shares of Barratt Redrow from a “moderate buy” rating to a “hold” rating in a research report on Monday, September 21st.

Barratt Redrow Stock Up 2.9%

BTDPY stock opened at $7.94 on Thursday. The stock’s 50 day simple moving average is $8.27 and its 200 day simple moving average is $7.57. Barratt Redrow has a fifty-two week low of $6.38 and a fifty-two week high of $11.24.

About Barratt Redrow

Barratt Redrow plc is a major residential property developer in the United Kingdom. The company acquires and develops land, designs and builds new homes, and creates residential communities for private buyers and affordable-housing providers.

The group operates through well-known brands including Barratt Homes, David Wilson Homes and Redrow. Its developments range from entry-level and family housing to larger, higher-specification properties, with related activities including land planning, infrastructure delivery and community amenities.