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

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

A number of research analysts have recently issued reports on BTDPY shares. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Barratt Redrow in a report on Thursday, February 12th. Jefferies Financial Group lowered Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Peel Hunt cut shares of Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a research note on Monday, February 16th. Finally, Zacks Research downgraded shares of Barratt Redrow from a “hold” rating to a “strong sell” rating in a report on Tuesday, February 17th.

Barratt Redrow Price Performance

Shares of BTDPY opened at $6.75 on Friday. The business’s fifty day simple moving average is $9.46 and its two-hundred day simple moving average is $9.97. Barratt Redrow has a 12 month low of $6.70 and a 12 month high of $13.18. The company has a current ratio of 0.78, a quick ratio of 0.78 and a debt-to-equity ratio of 0.03.

About Barratt Redrow

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.