Liberum Capital Increases Barratt Developments Plc (LON:BDEV) Price Target to GBX 537

Barratt Developments Plc (LON:BDEV) had its target price boosted by Liberum Capital from GBX 532 ($6.95) to GBX 537 ($7.01) in a report published on Wednesday. They currently have a sell rating on the real estate development company’s stock.

Other research analysts have also issued reports about the company. Peel Hunt reiterated a hold rating and set a GBX 610 ($7.97) target price on shares of Barratt Developments Plc in a report on Wednesday, May 10th. Canaccord Genuity reiterated a hold rating and set a GBX 555 ($7.25) target price on shares of Barratt Developments Plc in a report on Wednesday, May 10th. UBS AG lifted their target price on Barratt Developments Plc from GBX 490 ($6.40) to GBX 560 ($7.31) and gave the stock a neutral rating in a report on Monday, March 27th. Beaufort Securities reiterated a buy rating on shares of Barratt Developments Plc in a report on Thursday, May 11th. Finally, Deutsche Bank AG reiterated a buy rating on shares of Barratt Developments Plc in a report on Monday, July 17th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and seven have issued a buy rating to the stock. The stock currently has a consensus rating of Hold and a consensus price target of GBX 643.54 ($8.40).

Barratt Developments Plc (BDEV) opened at 612.50 on Wednesday. The company’s 50-day moving average price is GBX 581.93 and its 200 day moving average price is GBX 552.30. The firm’s market capitalization is GBX 6.16 billion. Barratt Developments Plc has a 52-week low of GBX 404.20 and a 52-week high of GBX 624.50.

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About Barratt Developments Plc

Barratt Developments PLC is a holding company. The Company is principally engaged in acquiring and developing land, planning, designing and constructing residential property developments and selling the homes, which it builds throughout Britain. The Company operates in two segments: Housebuilding and Commercial developments.

Analyst Recommendations for Barratt Developments Plc (LON:BDEV)

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