BARRATT DEVELOPMENTS ORD 10 – Consensus Indicates Potential -14.3% Downside

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BARRATT DEVELOPMENTS ORD 10 with EPIC code (LON:BDEV) now have 12 analysts covering the company. The target price ranges between £7.44 and £4.7 with a mean TP of £6.09. With the shares previous close at £7.11 this would indicate that there is a downside of -14.3%. The 50 day MA is £7.08 while the 200 day moving average is £7.30. The market capitalisation for the company is £7b. You can visit the company’s website by visiting: 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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