Barratt Redrow (OTCMKTS:BTDPY) Stock Price Up 0.5% – Still a Buy?

Barratt Redrow plc. (OTCMKTS:BTDPYGet Free Report)’s share price was up 0.5% during mid-day trading on Monday . The stock traded as high as $8.5444 and last traded at $8.52. Approximately 2,740 shares traded hands during trading, a decline of 92% from the average daily volume of 33,125 shares. The stock had previously closed at $8.48.

Wall Street Analyst Weigh In

A number of research firms have commented on BTDPY. Barclays cut shares of Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Tuesday, May 19th. Berenberg Bank upgraded shares of Barratt Redrow from a “hold” rating to a “strong-buy” rating in a research note on Friday, June 26th. One research analyst has rated the stock with a Strong Buy rating, four have issued a Buy rating and three have issued a Hold rating to the company. According to MarketBeat, the company currently has a consensus rating of “Moderate Buy”.

Check Out Our Latest Report on BTDPY

Barratt Redrow Price Performance

The firm has a 50-day moving average price of $7.80 and a 200 day moving average price of $7.82.

Barratt Redrow Company Profile

(Get Free Report)

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.

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