Barratt Developments Receives Hold Rating from Beaufort Securities (BDEV)
Barratt Developments (LON:BDEV)‘s stock had its “hold” rating reiterated by equities researchers at Beaufort Securities in a research report issued on Wednesday, AnalystRatings.NET reports.
Barratt Developments (LON:BDEV) traded down 0.41% on Wednesday, hitting GBX 385.40. The stock had a trading volume of 3,282,357 shares. Barratt Developments has a 1-year low of GBX 215.80 and a 1-year high of GBX 382.00. The stock’s 50-day moving average is GBX 345.9 and its 200-day moving average is GBX 332.1. The company’s market cap is £3.760 billion.
A number of other analysts have also recently weighed in on BDEV. Analysts at Davy Research reiterated an “outperform” rating on shares of Barratt Developments in a research note to investors on Monday. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Barratt Developments in a research note to investors on Friday, January 10th. They now have a GBX 387 ($6.38) price target on the stock. Finally, 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. Two research analysts have rated the stock with a hold rating and fourteen have issued a buy rating to the stock. The stock presently has a consensus rating of “Buy” and a consensus price target of GBX 396.14 ($6.53).
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.