Shares of Barratt Developments plc (LON:BDEV – Get Free Report) have been assigned a consensus rating of “Moderate Buy” from the eight research firms that are presently covering the company, Marketbeat reports. Four investment analysts have rated the stock with a hold rating and four have assigned a buy rating to the company. The average 1 year price target among brokerages that have issued a report on the stock in the last year is GBX 514.63 ($6.47).
Several analysts have recently weighed in on BDEV shares. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 488 ($6.13) target price on shares of Barratt Developments in a report on Wednesday, February 7th. Citigroup upgraded Barratt Developments to a “buy” rating and set a GBX 615 ($7.73) target price on the stock in a research report on Friday, February 9th. Finally, JPMorgan Chase & Co. reissued an “overweight” rating on shares of Barratt Developments in a report on Friday, May 3rd.
View Our Latest Report on BDEV
Barratt Developments Stock Performance
About Barratt Developments
Barratt Developments plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.
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