A statement released earlier today by Credit Suisse about Barratt Developments PLC (LON:BDEV) bumps the target price to 547.00GBX
- Updated: September 22, 2016
Boasting a price of 482.00GBX, Barratt Developments PLC (LON:BDEV) traded 0.43% higher on the day. With the last stock price close down -2.91% from the two hundred day average, compared with the S&P 500 Index which has decreased -0.01% over the date range. Barratt Developments PLC has recorded a 50-day average of 471.30GBX and a two hundred day average of 501.61GBX. Volume of trade was down over the average, with 4,436,286 shares of BDEV changing hands under the typical 6,335,180
Credit Suisse bumped up the target of Barratt Developments PLC (LON:BDEV) to 547.00GBX stating a potential upside of 0.13%.
On Friday September 16, 2016, Deutsche Bank released a statement for Barratt Developments PLC (LON:BDEV) maintained the target price at 575.00GBX that suggested an upside of 0.21%.
With a total market value of 0 GBX, Barratt Developments PLC has price-earnings ratio of 8.97 with a one year low of 326.00GBX and a one year high of 673.50GBX .
A total of 12 equity analysts have released a ratings update on BDEV. Two equity analysts rating the company a strong buy, four equity analysts rating the company a buy, eight equity analysts rating the company a hold, zero equity analysts rating the company a underperform, and finally zero equity analysts rating the company a sell with a one year target of 545.58GBX.
Brief Synopsis About Barratt Developments PLC (LON:BDEV)
Barratt Developments PLC is a United Kingdom-based holding company. The Company's business is acquiring land, obtaining planning consents and building the homes. The Company's three main brands include Barratt Homes, David Wilson Homes and Barratt London. Barratt London is the residential developer in the capital. The Company has a national footprint, delivering new homes throughout Britain. It operates through its approximately six regions and over 30 operating divisions.
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