Share on StockTwits

Barratt Developments Plc (LON:BDEV)‘s stock had its “buy” rating reiterated by investment analysts at Deutsche Bank in a note issued to investors on Wednesday. They currently have a GBX 453 ($7.59) price target on the stock. Deutsche Bank’s price target indicates a potential upside of 25.28% from the company’s current price.

Barratt Developments Plc (LON:BDEV) traded up 1.23% on Wednesday, hitting GBX 361.60. The stock had a trading volume of 4,366,201 shares. Barratt Developments Plc has a 52-week low of GBX 280.56 and a 52-week high of GBX 455.40. The stock’s 50-day moving average is GBX 366.5 and its 200-day moving average is GBX 376.5. The company’s market cap is £3.545 billion.

A number of other firms have also recently commented on BDEV. Analysts at Jefferies Group reiterated a “buy” rating on shares of Barratt Developments Plc in a research note on Friday, May 23rd. They now have a GBX 491 ($8.23) price target on the stock. Separately, analysts at Liberum Capital reiterated a “buy” rating on shares of Barratt Developments Plc in a research note on Friday, May 16th. Finally, analysts at JPMorgan Chase & Co. reiterated a “neutral” rating on shares of Barratt Developments Plc in a research note on Friday, May 2nd. They now have a GBX 435 ($7.29) price target on the stock. Five investment analysts have rated the stock with a hold rating and ten have assigned a buy rating to the stock. The company has an average rating of “Buy” and an average target price of GBX 458.93 ($7.69).

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.