Barratt Developments (OTCMKTS:BTDPY) Upgraded by Citigroup to “Strong-Buy”

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

Barratt Developments Price Performance

OTCMKTS BTDPY traded down $0.40 on Thursday, reaching $12.82. The company had a trading volume of 1,322 shares, compared to its average volume of 8,756. The company’s fifty day moving average is $13.22 and its 200-day moving average is $12.50. Barratt Developments has a 1-year low of $9.45 and a 1-year high of $14.85.

About Barratt Developments

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.