Brokerages Set Barratt Developments plc (LON:BDEV) PT at GBX 491.67

Barratt Developments plc (LON:BDEVGet Free Report) has earned a consensus rating of “Hold” from the nine analysts that are presently covering the firm, MarketBeat Ratings reports. Six analysts have rated the stock with a hold recommendation and three have assigned a buy recommendation to the company. The average 12 month target price among brokerages that have issued a report on the stock in the last year is GBX 491.67 ($6.25).

Separately, Citigroup cut shares of Barratt Developments to a “neutral” rating and set a GBX 571 ($7.26) target price on the stock. in a report on Thursday, December 14th.

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Barratt Developments Stock Performance

BDEV stock opened at GBX 540.40 ($6.87) on Monday. The company has a current ratio of 4.62, a quick ratio of 0.93 and a debt-to-equity ratio of 4.46. The stock has a market cap of £5.27 billion, a price-to-earnings ratio of 1,019.62, a PEG ratio of -1.65 and a beta of 1.61. The firm’s 50 day moving average price is GBX 540.10 and its 200 day moving average price is GBX 476.49.

Barratt Developments Company Profile

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Barratt Developments plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.

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Analyst Recommendations for Barratt Developments (LON:BDEV)

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