Barratt Developments Price Target Increased to $3.61 by Analysts at Goldman Sachs (BDEV)
Equities research analysts at Goldman Sachs lifted their price target on shares of Barratt Developments (LON: BDEV) from $3.58 (238 GBX) to $3.61 (240 GBX) in a research note issued to investors on Tuesday. The firm currently has a “neutral” rating on the stock.
A number of other firms have also recently commented on BDEV. Analysts at Numis Securities Ltd reiterated a “hold” rating on shares of Barratt Developments in a research note to investors on Thursday, February 28th. They now have a $3.70 price target on the stock. Separately, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barratt Developments in a research note to investors on Thursday, February 28th. They now have a $4.23 price target on the stock. Finally, analysts at Liberum Capital raised their price target on shares of Barratt Developments from $3.93 to $4.09 in a research note to investors on Thursday, February 28th. They now have a “buy” rating on the stock.
Shares of Barratt Developments opened at 239.10 on Tuesday. Barratt Developments has a one year low of GBX 112.50 and a one year high of GBX 244.627. The stock’s 50-day moving average is currently GBX 168.2. The company’s market cap is £2.321 billion.
Barratt Developments PLC is a holding company. The Company’s principal activities consists of acquiring and developing land, planning, designing and constructing residential property developments and selling the homes it builds.
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