Barratt Developments Plc 76.1% Potential Upside Indicated by HSBC

Broker Ratings
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Barratt Developments Plc with EPIC/TICKER (LON:BDEV) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today 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 900 GBX on its stock. This is indicating the analyst believes there is a potential upside of 76.1% from the opening price of 511 GBX. Over the last 30 and 90 trading days the company share price has decreased 22 points and increased 97.3 points respectively. The 52 week high for the share price is currently at 889.2 GBX while the year low stock price is currently 349.4 GBX.

Barratt Developments Plc has a 50 day moving average of 525.35 GBX and a 200 day moving average of 648.78. There are currently 1,018,298,953 shares in issue with the average daily volume traded being 5,406,899. Market capitalisation for LON:BDEV is £5,272,751,854 GBP.

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