Barratt Developments (OTCMKTS:BTDPY) Lifted to “Strong-Buy” at Citigroup

Barratt Developments (OTCMKTS:BTDPY) was upgraded by equities research analysts at Citigroup to a “strong-buy” rating in a note issued to investors on Thursday, Zacks.com reports.

Barratt Developments Stock Performance

Shares of OTCMKTS:BTDPY traded down $0.40 during midday trading on Thursday, hitting $12.82. 1,322 shares of the stock were exchanged, compared to its average volume of 8,756. The business’s 50-day moving average price is $13.22 and its 200 day moving average price is $12.50. Barratt Developments has a 12 month low of $9.45 and a 12 month high of $14.85.

Barratt Developments Company Profile

Barratt Developments 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.