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A report released today by Liberum Capital about Barratt Developments PLC (LON:BDEV) maintains the target price at 532.00GBX

Barratt Developments PLC (LON:BDEV) had its target price hold steady to 532.00GBX by Liberum Capital in a report released Thursday June 22, 2017. The new target price indicates a possible downside of -0.06% based on the company's last closing price.

On 5/31/2017, Deutsche Bank released a statement about Barratt Developments PLC (LON:BDEV) increased the target price from 695.00GBX to 703.00GBX that suggested an upside of 0.16%.

Having a price of 567.75GBX, Barratt Developments PLC (LON:BDEV) traded 0.67% higher on the day. With the last close down 2.99% from the two hundred day average, compared with the S&P 500 Index which has increased 0.04% over the date range. Barratt Developments PLC has recorded a 50-day average of 609.49GBX and a two hundred day average of 582.58GBX. Volume of trade was down over the average, with 1,805,981 shares of BDEV changing hands under the typical 3,928,360

Performance Chart

Barratt Developments PLC (LON:BDEV)

With a market capitalization of 0 GBX, Barratt Developments PLC has 52 week low of 430.40GBX and a 52 week high of 629.50GBX with a PE ratio of 10.66 .

Also covering Barratt Developments PLC's price target, a total of 12 equity analysts have released a ratings update on BDEV. The one year target is 545.58GBX with two analysts rating the company a strong buy, four analysts rating the stock a buy, 8 firms rating the stock a hold, zero equity analysts rating the company a underperform, and lastly zero brokers rating the stock a sell.

General Information About Barratt Developments PLC (LON:BDEV)

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. Its housebuilding segment operates through approximately six regions and approximately 30 operating divisions delivering over 17,319 homes. Its Commercial developments are delivered by Wilson Bowden developments. It purchases land in targeted locations and designs homes for its customers using standard house designs. Its brands include Barratt Homes, David Wilson Homes and Barratt London. Its Barratt Homes brand focuses on making homes. Its Barratt London brand portfolio offers apartments and penthouses in Westminster to riverside communities in Fulham. Its David Wilson Homes brand offers home design and specification, and focuses on developing family homes.

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