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A statement released earlier today by Liberum Capital about Barratt Developments PLC (LON:BDEV) bumps the target price to 485.00GBX

Barratt Developments PLC (LON:BDEV) had its target price raised to 485.00GBX by Liberum Capital in a report released Friday September 23, 2016. The new target price indicates a possible downside of -0.02% based on the company's previous stock price.

Previously on 09/16/2016, Deutsche Bank released a statement about Barratt Developments PLC (LON:BDEV) held steady the target price at 575.00GBX. At the time, this indicated a possible upside of 0.21%.

Just yesterday Barratt Developments PLC (LON:BDEV) traded 0.43% higher at 494.30GBX. Barratt Developments PLC’s 50-day moving average is 471.30GBX and its 200-day moving average is 501.61GBX. The last stock price is down -2.91% from the 200-day moving average, compared to the Standard & Poor's 500 Index which has decreased -0.01% over the same time period. 4,436,286 shares of BDEV traded hands, down from an average trading volume of 6,335,180

Recent Performance Chart

Barratt Developments PLC (LON:BDEV)

Barratt Developments PLC has 52 week low of 326.00GBX and a 52 week high of 673.50GBX with a PE ratio of 8.97 and has a market capitalization of 0 GBX.

In addition to Liberum Capital reporting its stock price target, a total of 12 brokerages have issued a ratings update on the company. The average stock price target is 545.58GBX with 2 brokerages rating the stock a strong buy, 4 brokerages rating the stock a buy, 8 brokerages rating the stock a hold, 0 brokerages rating the stock a underperform, and finally 0 brokerages rating the stock a sell.

Brief Synopsis On 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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