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

Barratt Redrow plc. (OTCMKTS:BTDPY) has received an average rating of “Moderate Buy” from the seven brokerages that are presently covering the stock, Marketbeat reports. Three investment analysts have rated the stock with a hold recommendation, two have issued a buy recommendation and two have assigned a strong buy recommendation to the company.

A number of equities research analysts have commented on the stock. Peel Hunt upgraded shares of Barratt Redrow to a “strong-buy” rating in a research note on Thursday, September 18th. Royal Bank Of Canada downgraded shares of Barratt Redrow from a “moderate buy” rating to a “hold” rating in a research report on Tuesday, December 2nd. Jefferies Financial Group cut shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research note on Wednesday, December 3rd. Zacks Research raised shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Finally, The Goldman Sachs Group assumed coverage on Barratt Redrow in a report on Monday, November 24th. They set a “buy” rating on the stock.

Barratt Redrow Trading Down 3.4%

OTCMKTS BTDPY opened at $9.93 on Friday. Barratt Redrow has a 52 week low of $9.39 and a 52 week high of $13.18. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.03. The stock’s 50-day moving average price is $10.20 and its 200-day moving average price is $10.61.

Barratt Redrow Dividend Announcement

The firm also recently announced a dividend, which was paid on Monday, December 1st. Investors of record on Monday, October 13th were paid a dividend of $0.2636 per share. This represents a yield of 357.0%. The ex-dividend date of this dividend 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. 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.