Barratt Developments Plc 46.8% Potential Upside Indicated by Jefferies International

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 Jefferies International. Barratt Developments Plc are listed in the Consumer Goods sector within UK Main Market. Jefferies International have set a target price of 659 GBX on its stock. This now indicates the analyst believes there is a possible upside of 46.8% from today’s opening price of 448.8 GBX. Over the last 30 and 90 trading days the company share price has increased 60.5 points and decreased 362.2 points respectively. The 1 year high stock price is 889.2 GBX while the 52 week low is 349.4 GBX.

Barratt Developments Plc has a 50 day moving average of 630.75 GBX and the 200 Day Moving Average price is recorded at 673.23. There are currently 1,018,292,450 shares in issue with the average daily volume traded being 8,896,821. Market capitalisation for LON:BDEV is £4,591,852,261 GBP.

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