Barratt Developments (OTCMKTS:BTDPY) Rating Increased to Moderate Buy at Royal Bank of Canada

Barratt Developments (OTCMKTS:BTDPY) was upgraded by equities researchers at Royal Bank of Canada from a “hold” rating to a “moderate buy” rating in a note issued to investors on Monday,Zacks.com reports.

Separately, Citigroup upgraded Barratt Developments to a “strong-buy” rating in a research note on Thursday, September 5th.

Barratt Developments Stock Performance

BTDPY stock opened at $11.03 on Monday. The business has a 50 day moving average price of $11.69 and a 200 day moving average price of $12.54. Barratt Developments has a fifty-two week low of $10.11 and a fifty-two week high of $14.85.

Barratt Developments 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.