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Shares of Barratt Developments Plc (LON:BDEV) have been given a consensus rating of “Buy” by the fifteen ratings firms that are currently covering the company, AnalystRatings.Net reports. Six research analysts have rated the stock with a hold recommendation and nine have given a buy recommendation to the company. The average twelve-month target price among brokers that have issued a report on the stock in the last year is GBX 452.33 ($7.59).

Barratt Developments Plc (LON:BDEV) traded up 2.67% on Wednesday, hitting GBX 350.30. The stock had a trading volume of 4,564,806 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 360.0 and a 200-day moving average of GBX 381.0. The company’s market cap is £3.434 billion.

Several analysts have recently commented on the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Barratt Developments Plc in a research note on Friday, August 8th. They now have a GBX 387 ($6.49) price target on the stock. Separately, 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 ($7.97) price target on the stock. Finally, 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 ($7.68) price target on the stock.

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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