Barratt Redrow plc. (OTCMKTS:BTDPY) Stock Now Rated “Moderate Buy” by Sell-Side Analysts

by · The Markets Daily

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY – Get Free Report) have received a consensus rating of “Moderate Buy” from the eight ratings firms that are presently covering the firm, MarketBeat.com reports. Four research analysts have rated the stock with a hold recommendation, three have given a buy recommendation and one has issued a strong buy recommendation on the company.

A number of brokerages have commented on BTDPY. UBS Group started coverage on Barratt Redrow in a research note on Wednesday, September 9th. They set a “buy” rating on the stock. Peel Hunt lowered Barratt Redrow from a “moderate buy” rating to a “hold” rating in a research note on Monday. Finally, Berenberg Bank upgraded Barratt Redrow from a “hold” rating to a “strong-buy” rating in a report on Friday, June 26th.

Check Out Our Latest Research Report on Barratt Redrow

Barratt Redrow Stock Up 0.5%

Shares of Barratt Redrow stock opened at $7.99 on Friday. The company has a fifty day moving average price of $8.18 and a 200 day moving average price of $7.49. Barratt Redrow has a twelve month low of $6.38 and a twelve month high of $11.24.

Barratt Redrow Company Profile

(Get Free Report)

Barratt Redrow plc is a United Kingdom-based residential property developer formed through the combination of Barratt Developments and Redrow. The group designs and builds new homes for private buyers, affordable-housing providers and other institutional customers.

The company operates through established housing brands that include Barratt Homes, David Wilson Homes, Barratt London and Redrow. Its activities cover land acquisition, planning, site development and construction, as well as the sale of houses and apartments in a range of locations and price segments.

Barratt Redrow serves communities across England, Wales and Scotland.

Featured Stories