Barratt Redrow plc. (OTCMKTS:BTDPY) Receives Average Rating of “Moderate Buy” from Analysts

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have earned a consensus rating of “Moderate Buy” from the seven analysts that are covering the stock, MarketBeat reports. Three research analysts have rated the stock with a hold rating, two have assigned a buy rating and two have assigned a strong buy rating to the company.

A number of research analysts recently commented on BTDPY shares. Zacks Research raised shares of Barratt Redrow from a “strong sell” rating to a “hold” rating in a report on Thursday, December 11th. Royal Bank Of Canada lowered Barratt Redrow from a “moderate buy” rating to a “hold” rating in a research note on Tuesday, December 2nd. Jefferies Financial Group downgraded Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Finally, The Goldman Sachs Group started coverage on Barratt Redrow in a report on Monday, November 24th. They set a “buy” rating on the stock.

Barratt Redrow Stock Performance

Barratt Redrow stock opened at $10.76 on Friday. Barratt Redrow has a 52-week low of $9.39 and a 52-week high of $13.18. The company has a quick ratio of 0.78, a current ratio of 0.78 and a debt-to-equity ratio of 0.03. The firm’s fifty day moving average is $10.34 and its 200 day moving average is $10.26.

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.