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

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

Barratt Redrow Trading Down 2.4%

BTDPY stock traded down $0.25 on Wednesday, reaching $10.09. 39,322 shares of the company were exchanged, compared to its average volume of 26,483. Barratt Redrow has a 12 month low of $9.68 and a 12 month high of $14.85. The stock's fifty day moving average price is $11.99 and its 200 day moving average price is $11.54.

About Barratt Redrow

(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.

Further Reading

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