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

Shares of Barratt Redrow plc. (OTCMKTS:BTDPY) have been given a consensus rating of “Moderate Buy” by the seven research firms that are presently covering the firm, Marketbeat.com reports. One research analyst has rated the stock with a sell recommendation, two have assigned a hold recommendation, three have issued a buy recommendation and one has assigned a strong buy recommendation to the company.

BTDPY has been the subject of several research analyst reports. Royal Bank Of Canada restated a “sector perform” rating on shares of Barratt Redrow in a research report on Thursday, February 12th. Zacks Research cut Barratt Redrow from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th. Peel Hunt lowered Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 16th. The Goldman Sachs Group assumed coverage on Barratt Redrow in a research report on Monday, November 24th. They set a “buy” rating for the company. Finally, Jefferies Financial Group lowered Barratt Redrow from a “strong-buy” rating to a “hold” rating in a report on Wednesday, December 3rd.

Barratt Redrow Trading Down 4.0%

Shares of OTCMKTS BTDPY opened at $9.07 on Wednesday. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.78 and a quick ratio of 0.78. The firm has a fifty day moving average of $10.44 and a 200 day moving average of $10.27. Barratt Redrow has a one year low of $8.93 and a one year high of $13.18.

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.