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Barratt Developments Plc (LON:BDEV)‘s stock had its “outperform” rating restated by stock analysts at Davy Research in a report issued on Thursday, StockRatingsNetwork reports.

A number of other firms have also recently commented on BDEV. Analysts at Numis Securities Ltd upgraded shares of Barratt Developments Plc to an “add” rating in a research note on Thursday. They now have a GBX 470 ($7.82) price target on the stock. Separately, analysts at UBS AG reiterated a “buy” rating on shares of Barratt Developments Plc in a research note on Thursday. They now have a GBX 425 ($7.07) price target on the stock. Finally, analysts at Liberum Capital reiterated a “buy” rating on shares of Barratt Developments Plc in a research note on Friday, February 21st. Three analysts have rated the stock with a hold rating and thirteen have assigned a buy rating to the company’s stock. The stock presently has a consensus rating of “Buy” and an average target price of GBX 416.26 ($6.92).

Shares of Barratt Developments Plc (LON:BDEV) traded up 3.89% during mid-day trading on Thursday, hitting GBX 427.80. 8,088,222 shares of the company’s stock traded hands. Barratt Developments Plc has a 1-year low of GBX 230.20 and a 1-year high of GBX 439.50. The stock’s 50-day moving average is GBX 395.3 and its 200-day moving average is GBX 344.8. The company’s market cap is £4.174 billion.

The company also recently declared a dividend, which is scheduled for Tuesday, May 20th. Investors of record on Wednesday, April 16th will be given a dividend of GBX 3.20 ($0.05) per share. This represents a yield of 0.75%. The ex-dividend date of this dividend is Wednesday, April 16th.

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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