Deutsche Bank AG Reiterates Buy Rating for Barratt Developments Plc (LON:BDEV)

Barratt Developments Plc (LON:BDEV)‘s stock had its “buy” rating reaffirmed by research analysts at Deutsche Bank AG in a research note issued to investors on Monday.

A number of other research firms also recently weighed in on BDEV. Liberum Capital raised their price target on shares of Barratt Developments Plc from GBX 532 ($6.93) to GBX 537 ($6.99) and gave the company a “sell” rating in a research note on Wednesday, July 19th. Beaufort Securities reduced their price target on shares of Barratt Developments Plc from GBX 690 ($8.99) to GBX 650 ($8.46) and set a “buy” rating on the stock in a research note on Thursday, July 13th. HSBC Holdings plc raised their price target on shares of Barratt Developments Plc from GBX 598 ($7.79) to GBX 666 ($8.67) and gave the company a “buy” rating in a research note on Tuesday, May 16th. Shore Capital restated a “hold” rating on shares of Barratt Developments Plc in a research note on Wednesday, May 10th. Finally, Numis Securities Ltd lowered shares of Barratt Developments Plc to a “hold” rating and set a GBX 656 ($8.54) price objective for the company. in a report on Thursday, May 11th. Two investment analysts have rated the stock with a sell rating, five have issued a hold rating and seven have assigned a buy rating to the stock. The company currently has an average rating of “Hold” and a consensus target price of GBX 643.54 ($8.38).

Barratt Developments Plc (LON:BDEV) opened at 595.50 on Monday. The company’s market capitalization is GBX 5.99 billion. Barratt Developments Plc has a one year low of GBX 430.40 and a one year high of GBX 624.50. The company’s 50-day moving average is GBX 592.98 and its 200 day moving average is GBX 564.28.

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Barratt Developments Plc Company Profile

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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