Barratt Developments (LON:BDEV) Receives “Hold” Rating from Liberum Capital

Liberum Capital restated their hold rating on shares of Barratt Developments (LON:BDEV) in a research report report published on Wednesday, ThisIsMoney.Co.Uk reports.

A number of other equities research analysts have also recently commented on the stock. UBS Group set a $125.00 target price on shares of Caterpillar and gave the stock a sell rating in a research note on Friday, May 3rd. Jefferies Financial Group upgraded shares of SALVATORE FERRA/ADR from an underperform rating to a hold rating in a research report on Tuesday, June 25th. Numis Securities assumed coverage on shares of TUI in a research report on Thursday, May 9th. They set a buy rating on the stock. Goldman Sachs Group set a $13.00 price objective on shares of Ford Motor and gave the company a buy rating in a research report on Thursday, June 13th. Finally, HSBC reiterated a buy rating on shares of LVMH Moet Hennessy Louis Vuitton in a research report on Tuesday, March 26th. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and twelve have given a buy rating to the stock. Barratt Developments currently has a consensus rating of Buy and a consensus target price of GBX 661.54 ($8.64).

LON BDEV traded up GBX 30.20 ($0.39) on Wednesday, reaching GBX 614.40 ($8.03). 6,952,615 shares of the stock were exchanged, compared to its average volume of 4,890,000. Barratt Developments has a one year low of GBX 430 ($5.62) and a one year high of GBX 627.80 ($8.20). The firm has a market cap of $6.25 billion and a price-to-earnings ratio of 8.61. The firm’s 50-day moving average price is GBX 567.82. The company has a debt-to-equity ratio of 4.39, a current ratio of 3.79 and a quick ratio of 0.51.

Barratt Developments Company Profile

Barratt Developments PLC engages in the housebuilding and commercial development businesses in Great Britain. It acquires and develops land; plans, designs, and constructs residential properties, including apartments, penthouses, and communities; and develops and sells homes. The company offers homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.

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Analyst Recommendations for Barratt Developments (LON:BDEV)

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