Barratt Developments Plc’s “Overweight” Rating Reaffirmed at Barclays (BDEV)
BDEV has been the subject of a number of other recent research reports. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Barratt Developments Plc in a research note on Thursday. They now have a GBX 453 ($7.77) price target on the stock. Separately, analysts at Jefferies Group reiterated a “buy” rating on shares of Barratt Developments Plc in a research note on Thursday, July 3rd. They now have a GBX 491 ($8.42) 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 currently has a consensus rating of “Buy” and an average target price of GBX 458.67 ($7.87).
Shares of Barratt Developments Plc (LON:BDEV) traded up 0.44% during mid-day trading on Thursday, hitting GBX 366.60. The stock had a trading volume of 8,243,139 shares. Barratt Developments Plc has a 52 week low of GBX 293.00 and a 52 week high of GBX 455.40. The stock has a 50-day moving average of GBX 361.8 and a 200-day moving average of GBX 382.. The company’s market cap is £3.594 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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