Barratt Developments Given “Outperform” Rating at Davy Research (BDEV)
Barratt Developments (LON:BDEV)‘s stock had its “outperform” rating restated by equities research analysts at Davy Research in a research note issued to investors on Monday, Analyst Ratings Net reports.
Several other analysts have also recently commented on the stock. Analysts at Liberum Capital reiterated a “buy” rating on shares of Barratt Developments in a research note to investors on Friday. They now have a GBX 387 ($6.38) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barratt Developments in a research note to investors on Wednesday, January 8th. They now have a GBX 394 ($6.49) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “buy” rating on shares of Barratt Developments in a research note to investors on Tuesday, January 7th. They now have a GBX 390 ($6.43) price target on the stock. Two equities research analysts have rated the stock with a hold rating and fourteen have assigned a buy rating to the stock. Barratt Developments has a consensus rating of “Buy” and a consensus target price of GBX 393.36 ($6.48).
Shares of Barratt Developments (LON:BDEV) traded up 0.55% during mid-day trading on Monday, hitting GBX 381.00. The stock had a trading volume of 2,673,692 shares. Barratt Developments has a one year low of GBX 215.80 and a one year high of GBX 377.80. The stock has a 50-day moving average of GBX 343. and a 200-day moving average of GBX 331.0. The company’s market cap is £3.718 billion.
Barratt Developments PLC is a holding company. The Company’s principal activities consists of acquiring and developing land, planning, designing and constructing residential property developments and selling the homes it builds.
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