Barratt Developments Plc Receives Hold Rating from Beaufort Securities (BDEV)
Shares of Barratt Developments Plc (LON:BDEV) traded down 0.30% during mid-day trading on Friday, hitting GBX 365.50. The stock had a trading volume of 3,856,329 shares. Barratt Developments Plc has a 1-year low of GBX 293.00 and a 1-year high of GBX 455.40. The stock has a 50-day moving average of GBX 363.0 and a 200-day moving average of GBX 382.5. The company’s market cap is £3.583 billion.
BDEV has been the subject of a number of other recent research reports. Analysts at Panmure Gordon reiterated a “buy” rating on shares of Barratt Developments Plc in a research note on Thursday. They now have a GBX 365 ($6.26) price target on the stock. Separately, analysts at Barclays reiterated an “overweight” rating on shares of Barratt Developments Plc in a research note on Thursday. Finally, 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. Five analysts have rated the stock with a hold rating and ten have given a buy rating to the company. The stock presently has an average rating of “Buy” and a consensus price target of GBX 457.25 ($7.84).
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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