Zacks Research Upgrades Barratt Redrow (OTCMKTS:BTDPY) to “Hold”

Barratt Redrow (OTCMKTS:BTDPY) was upgraded by equities research analysts at Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued to investors on Thursday,Zacks.com reports.

BTDPY has been the topic of a number of other reports. Peel Hunt raised shares of Barratt Redrow to a “strong-buy” rating in a report on Thursday, September 18th. Jefferies Financial Group lowered shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Citigroup reaffirmed a “buy” rating on shares of Barratt Redrow in a research report on Thursday, September 18th. The Goldman Sachs Group began coverage on shares of Barratt Redrow in a research note on Monday, November 24th. They issued a “buy” rating for the company. Finally, Royal Bank Of Canada downgraded Barratt Redrow from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, December 2nd. Two research analysts have rated the stock with a Strong Buy rating, two have given a Buy rating and three have given a Hold rating to the company’s stock. According to data from MarketBeat, the company presently has a consensus rating of “Moderate Buy”.

Barratt Redrow Stock Performance

BTDPY stock opened at $9.67 on Thursday. The company has a debt-to-equity ratio of 0.03, a quick ratio of 0.78 and a current ratio of 0.78. Barratt Redrow has a twelve month low of $9.39 and a twelve month high of $13.18. The stock’s 50 day moving average is $10.25 and its 200-day moving average is $10.72.

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.