BARRATT DEVELOPMENTS PLC ORD 10 – Consensus Indicates Potential -20.9% Downside

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BARRATT DEVELOPMENTS PLC ORD 10 found using the EPIC (LON:BDEV) have now 12 analysts in total covering the company. The target price ranges between £7.44 and £4.7 with a mean TP of £6.09. Given that the previous closing share price was at £7.71 this is indicating there is a potential downside of -20.9%. There is a 50 day moving average of £7.22 while the 200 day moving average is £6.29. The market capitalisation for the company is £8b. Visit the company website at: http://www.barrattdevelopments.co.uk

Barratt Developments plc engages in the housebuilding and commercial development businesses in Great Britain. It acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities; and retail, leisure, office, industrial, and mixed-use properties. The company offers homes under the Barratt Homes, David Wilson Homes, and Barratt London brands. It is also involved in the commercial development activities under the Wilson Bowden Developments brand. The company was founded in 1958 and is headquartered in Coalville, the United Kingdom.

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