Barratt Developments Plc (LON:BDEV)‘s stock had its “buy” rating reaffirmed by analysts at Deutsche Bank AG in a note issued to investors on Monday.

A number of other research analysts have also issued reports on BDEV. Jefferies Group LLC raised their target price on shares of Barratt Developments Plc from GBX 603 ($7.85) to GBX 706 ($9.19) and gave the company a “buy” rating in a research note on Tuesday, April 18th. Peel Hunt raised their target price on shares of Barratt Developments Plc from GBX 565 ($7.36) to GBX 610 ($7.94) and gave the company a “hold” rating in a research note on Wednesday, April 26th. Shore Capital reiterated a “hold” rating on shares of Barratt Developments Plc in a research note on Wednesday, May 10th. Canaccord Genuity reiterated a “hold” rating and issued a GBX 555 ($7.23) target price on shares of Barratt Developments Plc in a research note on Wednesday, May 10th. Finally, Liberum Capital raised their target price on shares of Barratt Developments Plc from GBX 492 ($6.41) to GBX 532 ($6.93) and gave the company a “sell” rating in a research note on Wednesday, May 10th. Two research analysts have rated the stock with a sell rating, five have given a hold rating and seven have assigned a buy rating to the stock. The stock currently has a consensus rating of “Hold” and a consensus price target of GBX 643.54 ($8.38).

Shares of Barratt Developments Plc (LON BDEV) opened at 595.50 on Monday. The stock’s market capitalization is GBX 5.99 billion. Barratt Developments Plc has a 12 month low of GBX 430.40 and a 12 month high of GBX 624.50. The company’s 50-day moving average is GBX 592.98 and its 200-day moving average is GBX 564.28.

COPYRIGHT VIOLATION NOTICE: “Deutsche Bank AG Reiterates Buy Rating for Barratt Developments Plc (BDEV)” was originally reported by The Cerbat Gem and is owned by of The Cerbat Gem. If you are accessing this report on another website, it was copied illegally and reposted in violation of U.S. and international copyright & trademark legislation. The legal version of this report can be accessed at https://www.thecerbatgem.com/2017/08/14/deutsche-bank-ag-reiterates-buy-rating-for-barratt-developments-plc-bdev.html.

About Barratt Developments Plc

Barratt Developments PLC is a holding company. The Company is principally engaged in acquiring and developing land, planning, designing and constructing residential property developments and selling the homes, which it builds throughout Britain. The Company operates in two segments: Housebuilding and Commercial developments.

Analyst Recommendations for Barratt Developments Plc (LON:BDEV)

Receive News & Stock Ratings for Barratt Developments Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barratt Developments Plc and related stocks with our FREE daily email newsletter.