Barratt Developments Plc Rating Reiterated by Liberum Capital (BDEV)
Barratt Developments Plc (LON:BDEV)‘s stock had its “hold” rating reaffirmed by research analysts at Liberum Capital in a report released on Friday. They currently have a GBX 387 ($6.51) price target on the stock. Liberum Capital’s price target suggests a potential upside of 15.83% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “buy” rating on shares of Barratt Developments Plc in a research note on Friday, August 1st. They now have a GBX 475 ($7.99) price target on the stock. Separately, analysts at Credit Suisse reiterated a “neutral” rating on shares of Barratt Developments Plc in a research note on Tuesday, July 22nd. They now have a GBX 458 ($7.71) price target on the stock. Six research analysts have rated the stock with a hold rating and nine have issued a buy rating to the company’s stock. The stock has a consensus rating of “Buy” and a consensus target price of GBX 452.33 ($7.61).
Shares of Barratt Developments Plc (LON:BDEV) traded down 0.45% on Friday, hitting GBX 334.10. 6,496,491 shares of the company’s stock traded hands. Barratt Developments Plc has a 52 week low of GBX 293.00 and a 52 week high of GBX 2969.3899. The stock’s 50-day moving average is GBX 361.1 and its 200-day moving average is GBX 381.7. The company’s market cap is £3.275 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.
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.