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

Barratt Redrow plc. (OTCMKTS:BTDPY) has earned an average recommendation of “Moderate Buy” from the eight brokerages that are covering the firm, MarketBeat reports. Three research analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating on the company.

A number of equities analysts have weighed in on the company. Royal Bank Of Canada raised Barratt Redrow from a “hold” rating to a “moderate buy” rating in a research report on Wednesday, April 1st. Barclays lowered Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Finally, Zacks Research raised Barratt Redrow from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th.

Barratt Redrow Trading Up 2.1%

Shares of Barratt Redrow stock opened at $6.77 on Friday. Barratt Redrow has a 1 year low of $6.38 and a 1 year high of $13.14. The firm’s 50-day moving average is $6.94 and its 200 day moving average is $8.67.

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.