Royal Bank of Canada upgraded shares of Barratt Developments (OTCMKTS:BTDPY - Free Report) from a hold rating to a moderate buy rating in a report released on Monday,Zacks.com reports.
Separately, Citigroup upgraded shares of Barratt Developments to a "strong-buy" rating in a research report on Thursday, September 5th.
View Our Latest Stock Report on BTDPY
Barratt Developments Trading Up 0.7 %
BTDPY traded up $0.08 on Monday, reaching $11.03. 72,837 shares of the company traded hands, compared to its average volume of 10,684. Barratt Developments has a one year low of $10.11 and a one year high of $14.85. The firm has a fifty day simple moving average of $11.69 and a two-hundred day simple moving average of $12.54.
Barratt Developments Increases Dividend
The business also recently announced a dividend, which was paid on Monday, November 18th. Shareholders of record on Friday, September 27th were given a dividend of $0.2582 per share. This is a positive change from Barratt Developments's previous dividend of $0.10. The ex-dividend date of this dividend was Friday, September 27th.
Barratt Developments Company Profile
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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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