Barratt Developments Plc Given “Buy” Rating at Deutsche Bank (BDEV)
Several other analysts have also 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 ($6.47) 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 ($7.66) price target on the stock. Six analysts have rated the stock with a hold rating and nine have assigned a buy rating to the company’s stock. The company presently has a consensus rating of “Buy” and a consensus target price of GBX 450.27 ($7.53).
Barratt Developments Plc (LON:BDEV) traded up 0.70% on Friday, hitting GBX 368.764. 1,918,306 shares of the company’s stock traded hands. Barratt Developments Plc has a 52 week low of GBX 296.70 and a 52 week high of GBX 455.40. The stock has a 50-day moving average of GBX 359.3 and a 200-day moving average of GBX 380.2. The company’s market cap is £3.615 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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