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Barratt Developments Plc 4.7% Potential Upside Indicated by Morgan Stanley

Barratt Developments Plc with EPIC/TICKER (LON:BDEV) had its stock rating noted as ‘Retains’ with the recommendation being set at ‘OVERWEIGHT’ this morning by analysts at Morgan Stanley. Barratt Developments Plc are listed in the Consumer Goods sector within UK Main Market. Morgan Stanley have set a target price of 790 GBX on its stock. This would imply the analyst believes there is now a potential upside of 4.7% from the opening price of 754.8 GBX. Over the last 30 and 90 trading days the company share price has increased 96.2 points and increased 109 points respectively. The 52 week high for the share price is currently at 776.4 GBX while the 52 week low is 486.44 GBX.

Barratt Developments Plc has a 50 day moving average of 695.70 GBX and a 200 Day Moving Average share price is recorded at 638.96. There are currently 1,018,280,445 shares in issue with the average daily volume traded being 3,853,487. Market capitalisation for LON:BDEV is £7,724,675,207 GBP.