Home » Reports » Broker Ratings » Barratt Developments Plc 5.3% Potential Upside Indicated by Bank of America Merrill Lynch

Barratt Developments Plc 5.3% Potential Upside Indicated by Bank of America Merrill Lynch

Barratt Developments Plc with EPIC/TICKER (LON:BDEV) had its stock rating noted as ‘Downgrades’ with the recommendation being set at ‘NEUTRAL’ this morning by analysts at Bank of America Merrill Lynch. Barratt Developments Plc are listed in the Consumer Goods sector within UK Main Market. Bank of America Merrill Lynch have set their target price at 800 GBX on its stock. This would indicate that the analyst believes there is a potential upside of 5.3% from today’s opening price of 760 GBX. Over the last 30 and 90 trading days the company share price has decreased 14.2 points and increased 106.8 points respectively. The 1 year high for the stock price is 776.4 GBX while the year low stock price is currently 494.65 GBX.

Barratt Developments Plc has a 50 day moving average of 698.40 GBX and the 200 Day Moving Average price is recorded at 639.66. There are currently 3,283,108,174 shares in issue with the average daily volume traded being 3,859,340. Market capitalisation for LON:BDEV is £7,792,187,250 GBP.