BARRATT DEVELOPMENTS ORD 10 – Consensus Indicates Potential -14.3% Downside

Broker Ratings

BARRATT DEVELOPMENTS ORD 10 with EPIC code (LON:BDEV) have now 12 analysts covering the company.The range between the high target price and low target price is between £7.44 and £4.7 and has a mean target at £6.09. Given that the previous closing share price was at £7.11 this would imply there is a potential downside of -14.3%. There is a 50 day moving average of £7.27 and the 200 day MA is £7.29. The market cap for the company is £7b. You can visit the company’s website by visiting: http://www.barrattdevelopments.co.uk

Barratt Developments 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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