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

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

A number of brokerages have weighed in on BTDPY. The Goldman Sachs Group assumed coverage on Barratt Redrow in a report on Monday, November 24th. They issued a “buy” rating on the stock. Royal Bank Of Canada lowered 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. Finally, Zacks Research upgraded Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th.

Barratt Redrow Stock Performance

Shares of BTDPY stock opened at $10.79 on Friday. 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 12-month low of $9.39 and a 12-month high of $13.18. The business’s 50 day moving average is $10.37 and its two-hundred day moving average is $10.26.

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.