Barratt Developments (BDEV) Rating Reiterated by Peel Hunt

Peel Hunt reiterated their add rating on shares of Barratt Developments (LON:BDEV) in a research report report published on Monday, ThisIsMoney.Co.Uk reports. Peel Hunt currently has a GBX 630 ($8.23) price target on the real estate development company’s stock, up from their prior price target of GBX 575 ($7.51).

Other analysts also recently issued reports about the company. UBS Group restated a buy rating on shares of Barratt Developments in a research note on Friday, May 3rd. JPMorgan Chase & Co. reaffirmed an overweight rating on shares of Barratt Developments in a research report on Friday, March 22nd. Liberum Capital cut shares of Barratt Developments to a hold rating and raised their price target for the company from GBX 500 ($6.53) to GBX 540 ($7.06) in a research report on Monday, February 11th. Canaccord Genuity reaffirmed a buy rating and issued a GBX 570 ($7.45) price target on shares of Barratt Developments in a research report on Wednesday, February 6th. Finally, Berenberg Bank reaffirmed a buy rating and issued a GBX 650 ($8.49) price target on shares of Barratt Developments in a research report on Friday, February 8th. Three analysts have rated the stock with a hold rating and twelve have assigned a buy rating to the company. The company currently has an average rating of Buy and an average price target of GBX 656.15 ($8.57).

Shares of BDEV opened at GBX 600 ($7.84) on Monday. The company has a debt-to-equity ratio of 4.39, a current ratio of 3.79 and a quick ratio of 0.51. The stock has a market capitalization of $6.08 billion and a PE ratio of 8.40. Barratt Developments has a one year low of GBX 430 ($5.62) and a one year high of GBX 627.80 ($8.20).



Barratt Developments (LON:BDEV) last issued its earnings results on Wednesday, February 6th. The real estate development company reported GBX 32.70 ($0.43) EPS for the quarter. On average, sell-side analysts forecast that Barratt Developments will post 6847.00059732059 earnings per share for the current fiscal year.

About Barratt Developments

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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