Liberum Capital restated their hold rating on shares of Barratt Developments (LON:BDEV) in a report issued on Wednesday, ThisIsMoney.Co.Uk reports.
Several other research analysts have also recently commented on the stock. UBS Group set a $125.00 target price on shares of Caterpillar and gave the stock a sell rating in a report on Friday, May 3rd. Goldman Sachs Group set a $13.00 price target on Ford Motor and gave the stock a buy rating in a research report on Thursday, June 13th. Peel Hunt restated a buy rating on shares of Lookers in a research note on Monday, July 8th. Jefferies Financial Group raised SALVATORE FERRA/ADR from an underperform rating to a hold rating in a report on Tuesday, June 25th. Finally, JPMorgan Chase & Co. set a $45.00 target price on Ciena and gave the company a buy rating in a research report on Friday, March 22nd. Two equities research analysts have rated the stock with a sell rating, three have issued a hold rating and twelve have assigned a buy rating to the company’s stock. The stock presently has an average rating of Buy and a consensus price target of GBX 662.08 ($8.65).
Shares of Barratt Developments stock opened at GBX 627 ($8.19) on Wednesday. The company has a quick ratio of 0.51, a current ratio of 3.79 and a debt-to-equity ratio of 4.39. The firm has a market cap of $6.38 billion and a PE ratio of 8.78. Barratt Developments has a twelve month low of GBX 430 ($5.62) and a twelve month high of GBX 627.80 ($8.20). The business has a 50-day simple moving average of GBX 569.18.
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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