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Barratt Developments Plc 21.5% Potential Upside Indicated by Berenberg

Barratt Developments Plc with EPIC/TICKER (LON:BDEV) has had its stock rating noted as ‘Reiterates’ with the recommendation being set at ‘BUY’ today by analysts at Berenberg. Barratt Developments Plc are listed in the Consumer Goods sector within UK Main Market. Berenberg have set a target price of 650 GBX on its stock. This indicates the analyst now believes there is a potential upside of 21.5% from the opening price of 534.8 GBX. Over the last 30 and 90 trading days the company share price has increased 72 points and increased 36.9 points respectively. The 52 week high share price is 624.6 GBX while the 52 week low for the share price is 430 GBX.

Barratt Developments Plc has a 50 day moving average of 488.55 GBX and the 200 Day Moving Average price is recorded at 531.46. There are currently 1,014,256,706 shares in issue with the average daily volume traded being 4,451,147. Market capitalisation for LON:BDEV is £5,501,328,620 GBP.