BARRATT DEVELOPMENTS ORD 10 – Consensus Indicates Potential -13.8% Downside

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BARRATT DEVELOPMENTS ORD 10 with EPIC code (LON:BDEV) have now 12 analysts in total covering the company. The target price ranges between £7.44 and £4.7 meaning the average target price is £6.09. Now with the previous closing price of £7.07 this would indicate that there is a downside of -13.8%. The 50 day moving average now sits at £7.06 and the 200 moving average now moves to £7.31. The market capitalisation for the company is £7b. Company Website: http://www.barrattdevelopments.co.uk

Barratt Developments engages in the housebuilding and commercial development businesses in Great Britain. It acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities; and retail, leisure, office, industrial, and mixed-use properties. The company offers homes under the Barratt Homes, David Wilson Homes, and Barratt London brands. It is also involved in the commercial development activities under the Wilson Bowden Developments brand. The company was founded in 1958 and is headquartered in Coalville, the United Kingdom.

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