Barratt Developments (OTCMKTS:BTDPY) Raised to “Moderate Buy” at Royal Bank of Canada

Barratt Developments (OTCMKTS:BTDPY) was upgraded by equities research analysts 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 raised Barratt Developments to a “strong-buy” rating in a research report on Thursday, September 5th.

Barratt Developments Trading Up 0.7 %

BTDPY opened at $11.03 on Monday. The stock has a 50-day moving average of $11.69 and a 200-day moving average of $12.54. Barratt Developments has a 52-week low of $10.11 and a 52-week high of $14.85.

About Barratt Developments

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.