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Kepler Capital Markets Upgrades Barratt Redrow (OTCMKTS:BTDPY) to Strong-Buy

Barratt Redrow logo with Construction background

Key Points

  • Barratt Redrow has been upgraded to a "strong-buy" rating by analysts at Kepler Capital Markets, indicating increased confidence in its stock performance.
  • The stock opened at $10.34 but experienced a slight decline of 0.6%.
  • Barratt Redrow operates in the UK housebuilding sector, focusing on land acquisition, housing development, and mixed-use regeneration projects.
  • Want stock alerts on Barratt Redrow? Get 5 Weeks of MarketBeat All Access for $5. Get My Stock Alerts.

Barratt Redrow (OTCMKTS:BTDPY - Get Free Report) was upgraded by investment analysts at Kepler Capital Markets to a "strong-buy" rating in a research report issued on Wednesday, July 23rd,Zacks.com reports.

Barratt Redrow Stock Performance

Shares of Barratt Redrow stock traded down $0.13 on Wednesday, reaching $9.98. 36,179 shares of the stock were exchanged, compared to its average volume of 23,748. The firm's 50 day moving average is $11.88 and its 200-day moving average is $11.54. Barratt Redrow has a one year low of $9.68 and a one year high of $14.85.

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.

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