Barratt Redrow (OTCMKTS:BTDPY) Stock Rating Upgraded by Berenberg Bank

Barratt Redrow (OTCMKTS:BTDPY) was upgraded by stock analysts at Berenberg Bank from a “hold” rating to a “strong-buy” rating in a research note issued on Friday,Zacks.com reports.

BTDPY has been the topic of several other reports. Zacks Research upgraded Barratt Redrow from a “strong sell” rating to a “hold” rating in a research report on Tuesday, April 14th. Barclays downgraded Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Finally, Royal Bank Of Canada raised Barratt Redrow from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, April 1st. Two investment analysts have rated the stock with a Strong Buy rating, four have assigned a Buy rating and three have given a Hold rating to the company’s stock. Based on data from MarketBeat, the company has an average rating of “Moderate Buy”.

Barratt Redrow Stock Down 1.5%

Shares of BTDPY stock opened at $7.58 on Friday. The business has a 50-day moving average price of $6.95 and a two-hundred day moving average price of $8.51. Barratt Redrow has a 12-month low of $6.38 and a 12-month high of $13.14.

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.