Barratt Redrow (OTCMKTS:BTDPY) Upgraded to “Hold” at Zacks Research

Zacks Research upgraded shares of Barratt Redrow (OTCMKTS:BTDPY) from a strong sell rating to a hold rating in a research note issued to investors on Thursday,Zacks.com reports.

BTDPY has been the topic of several other reports. Peel Hunt raised Barratt Redrow to a “strong-buy” rating in a report on Thursday, September 18th. Royal Bank Of Canada lowered shares of Barratt Redrow from a “moderate buy” rating to a “hold” rating in a report on Tuesday, December 2nd. Citigroup reaffirmed a “buy” rating on shares of Barratt Redrow in a report on Thursday, September 18th. The Goldman Sachs Group started coverage on shares of Barratt Redrow in a research note on Monday, November 24th. They issued a “buy” rating on the stock. Finally, Jefferies Financial Group cut Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. Two investment analysts have rated the stock with a Strong Buy rating, two have issued a Buy rating and three have assigned a Hold rating to the company’s stock. Based on data from MarketBeat.com, Barratt Redrow has an average rating of “Moderate Buy”.

Barratt Redrow Trading Down 1.7%

Shares of Barratt Redrow stock opened at $9.67 on Thursday. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.03. Barratt Redrow has a twelve month low of $9.39 and a twelve month high of $13.18. The company has a 50-day simple moving average of $10.25 and a two-hundred day simple moving average of $10.72.

Barratt Redrow Dividend Announcement

The company also recently announced a dividend, which was paid on Monday, December 1st. Stockholders of record on Monday, October 13th were paid a $0.2636 dividend. This represents a dividend yield of 357.0%. The ex-dividend date was Friday, October 10th.

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.