Barratt Redrow plc. (OTCMKTS:BTDPY) Given Average Recommendation of “Moderate Buy” by Analysts

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have earned an average recommendation of “Moderate Buy” from the seven analysts that are covering the firm, Marketbeat Ratings reports. Three research analysts have rated the stock with a hold rating, two have issued a buy rating and two have issued a strong buy rating on the company.

BTDPY has been the topic of a number of research reports. Jefferies Financial Group lowered Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Royal Bank Of Canada cut Barratt Redrow from a “moderate buy” rating to a “hold” rating in a report on Tuesday, December 2nd. Zacks Research raised Barratt Redrow from a “strong sell” rating to a “hold” rating in a research note on Thursday, December 11th. The Goldman Sachs Group started coverage on shares of Barratt Redrow in a report on Monday, November 24th. They issued a “buy” rating for the company. Finally, Citigroup reissued a “buy” rating on shares of Barratt Redrow in a report on Thursday, September 18th.

Barratt Redrow Stock Performance

Shares of Barratt Redrow stock opened at $10.21 on Tuesday. 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 company has a 50 day moving average of $10.17 and a 200-day moving average of $10.33. Barratt Redrow has a 1-year low of $9.39 and a 1-year high of $13.18.

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.