Barratt Redrow (OTCMKTS:BTDPY) Stock Rating Lowered by Zacks Research

Barratt Redrow (OTCMKTS:BTDPY) was downgraded by analysts at Zacks Research from a “hold” rating to a “strong sell” rating in a research report issued to clients and investors on Tuesday,Zacks.com reports.

Several other equities research analysts also recently commented on BTDPY. Royal Bank Of Canada reaffirmed a “sector perform” rating on shares of Barratt Redrow in a report on Thursday, February 12th. The Goldman Sachs Group started coverage on Barratt Redrow in a research report on Monday, November 24th. They set a “buy” rating on the stock. Jefferies Financial Group cut Barratt Redrow from a “strong-buy” rating to a “hold” rating in a research report on Wednesday, December 3rd. Finally, Peel Hunt cut Barratt Redrow from a “strong-buy” rating to a “moderate buy” rating in a report on Monday. One investment analyst has rated the stock with a Strong Buy rating, three have issued a Buy rating, two have given a Hold rating and one has issued a Sell rating to the company’s stock. According to MarketBeat, Barratt Redrow presently has an average rating of “Moderate Buy”.

Barratt Redrow Stock Down 0.8%

OTCMKTS:BTDPY opened at $10.50 on Tuesday. The business has a fifty day simple moving average of $10.44 and a two-hundred day simple moving average of $10.29. The company has a debt-to-equity ratio of 0.03, a current ratio of 0.78 and a quick ratio of 0.78. Barratt Redrow has a 1 year low of $9.39 and a 1 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.