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

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

A number of equities research analysts recently issued reports on the company. Barclays lowered Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Berenberg Bank raised Barratt Redrow from a “hold” rating to a “strong-buy” rating in a research report on Friday, June 26th.

Barratt Redrow Stock Performance

Shares of Barratt Redrow stock opened at $8.72 on Wednesday. The stock’s 50-day moving average is $7.84 and its 200-day moving average is $7.80. Barratt Redrow has a one year low of $6.38 and a one year high of $11.24.

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.