Barratt Developments Plc 14.4% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Barratt Developments Plc with EPIC/TICKER (LON:BDEV) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at Deutsche Bank. Barratt Developments Plc are listed in the Consumer Goods sector within UK Main Market. Deutsche Bank have set their target price at 589 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 14.4% from the opening price of 515 GBX. Over the last 30 and 90 trading days the company share price has increased 20.5 points and increased 102.9 points respectively. The 52 week high for the stock is 889.2 GBX while the 52 week low for the stock is 349.4 GBX.

Barratt Developments Plc has a 50 day moving average of 524.89 GBX and the 200 Day Moving Average price is recorded at 651.30. There are currently 1,018,298,953 shares in issue with the average daily volume traded being 5,269,480. Market capitalisation for LON:BDEV is £5,272,751,854 GBP.

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