BARRATT DEVELOPMENTS ORD 10 – Consensus Indicates Potential -19.9% Downside

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BARRATT DEVELOPMENTS ORD 10 with EPIC code (LON:BDEV) have now 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. Given that the previous closing share price was at £7.60 this now indicates there is a potential downside of -19.9%. The 50 day moving average now sits at £6.96 while the 200 day moving average is £6.11. The company has a market capitalisation of £8b. Find out more information 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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