BARRATT DEVELOPMENTS ORD 10 – Consensus Indicates Potential -16.4% Downside

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BARRATT DEVELOPMENTS ORD 10 found using the EPIC (LON:BDEV) now have 12 analysts in total covering the company. The range between the high target price and low target price is between £7.44 and £4.7 and has a mean target at £6.09. With the shares previous close at £7.29 this would imply there is a potential downside of -16.4%. There is a 50 day moving average of £7.63 while the 200 day moving average is £7.16. The company has a market capitalisation of £7b. Visit the company website at: 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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