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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.

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