Barratt Developments Plc 28.8% Potential Upside Indicated by HSBC

Broker Ratings
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Barratt Developments Plc using EPIC/TICKER code (LON:BDEV) had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ this morning by analysts at HSBC. Barratt Developments Plc are listed in the Consumer Goods sector within UK Main Market. HSBC have set a target price of 770 GBX on its stock. This now indicates the analyst believes there is a possible upside of 28.8% from the opening price of 597.8 GBX. Over the last 30 and 90 trading days the company share price has increased 24.6 points and increased 146 points respectively. The 52 week high for the stock is 620.2 GBX while the year low stock price is currently 430 GBX.

Barratt Developments Plc has a 50 day moving average of 575.69 GBX and a 200 day moving average of 535.74. There are currently 1,014,267,588 shares in issue with the average daily volume traded being 4,430,275. Market capitalisation for LON:BDEV is £6,061,262,858 GBP.

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