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

Barratt Redrow plc. (OTCMKTS:BTDPY) has been given a consensus rating of “Moderate Buy” by the seven analysts that are currently covering the stock, MarketBeat.com reports. Two equities research analysts have rated the stock with a hold recommendation, four have given a buy recommendation and one has assigned a strong buy recommendation to the company.

Several research firms have recently issued reports on BTDPY. Peel Hunt downgraded Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 16th. Zacks Research raised shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a research note on Tuesday, April 14th. Finally, Royal Bank Of Canada raised shares of Barratt Redrow from a “hold” rating to a “moderate buy” rating in a research note on Wednesday, April 1st.

Barratt Redrow Price Performance

Shares of OTCMKTS:BTDPY opened at $6.52 on Monday. The business’s 50 day simple moving average is $7.20 and its 200-day simple moving average is $9.18. Barratt Redrow has a 12 month low of $6.47 and a 12 month 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.