Zacks Investment Research downgraded shares of Barratt Developments PLC Unsponsored ADR (OTCMKTS:BTDPY) from a buy rating to a hold rating in a research note published on Monday morning.

According to Zacks, “Barratt Developments plc engages in the business of developing residential and non residential properties primarily in the United Kingdom. The company develops houses in towns, cities and rural areas. It operates under brands for house building- Barratt Homes and David Wilson Homes. The company’s commercial property development business, Wilson Bowden Developments is focused on retail, leisure, office, industrial and mixed-use schemes. Barratt Developments plc is headquartered in London, the United Kingdom. “

Separately, Credit Suisse Group upgraded Barratt Developments PLC Unsponsored ADR from a neutral rating to an outperform rating in a research note on Friday, October 6th.

Shares of Barratt Developments PLC Unsponsored ADR (OTCMKTS:BTDPY) remained flat at $$11.70 during trading hours on Monday. Barratt Developments PLC Unsponsored ADR has a 1-year low of $11.65 and a 1-year high of $11.70.

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