Barratt Developments Plc 4.7% Potential Upside Indicated by Deutsche Bank

Broker Ratings
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Barratt Developments Plc using EPIC/TICKER code (LON:BDEV) has had its stock rating noted as ‘Upgrades’ with the recommendation being set at ‘BUY’ today 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 807 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 4.7% from today’s opening price of 770.8 GBX. Over the last 30 and 90 trading days the company share price has decreased 3.4 points and increased 90.8 points respectively. The 1 year high share price is 776.4 GBX while the 52 week low for the stock is 497 GBX.

Barratt Developments Plc has a 50 day moving average of 701.19 GBX and the 200 Day Moving Average price is recorded at 640.43. There are currently 877,215,698 shares in issue with the average daily volume traded being 3,875,594. Market capitalisation for LON:BDEV is £7,863,161,720 GBP.

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