Barratt Developments (BDEV) – Investment Analysts’ Weekly Ratings Updates

Share on StockTwits

Barratt Developments (LON: BDEV) recently received a number of ratings updates from brokerages and research firms:

  • 2/11/2019 – Barratt Developments was downgraded by analysts at Liberum Capital to a “hold” rating. They now have a GBX 540 ($7.06) price target on the stock, up previously from GBX 500 ($6.53).
  • 2/11/2019 – Barratt Developments had its “buy” rating reaffirmed by analysts at UBS Group AG.
  • 2/8/2019 – Barratt Developments had its “buy” rating reaffirmed by analysts at Berenberg Bank. They now have a GBX 650 ($8.49) price target on the stock.
  • 2/8/2019 – Barratt Developments had its “buy” rating reaffirmed by analysts at Citigroup Inc.
  • 2/6/2019 – Barratt Developments had its “buy” rating reaffirmed by analysts at Canaccord Genuity. They now have a GBX 570 ($7.45) price target on the stock.
  • 2/6/2019 – Barratt Developments had its “buy” rating reaffirmed by analysts at Liberum Capital.
  • 2/6/2019 – Barratt Developments had its “buy” rating reaffirmed by analysts at Shore Capital.
  • 2/6/2019 – Barratt Developments had its “add” rating reaffirmed by analysts at Peel Hunt. They now have a GBX 575 ($7.51) price target on the stock, up previously from GBX 510 ($6.66).
  • 1/28/2019 – Barratt Developments had its price target lowered by analysts at Berenberg Bank from GBX 670 ($8.75) to GBX 650 ($8.49). They now have a “buy” rating on the stock.
  • 1/24/2019 – Barratt Developments had its “buy” rating reaffirmed by analysts at Redburn Partners.
  • 1/11/2019 – Barratt Developments was upgraded by analysts at Bank of America Corp to a “neutral” rating. They now have a GBX 535 ($6.99) price target on the stock, up previously from GBX 470 ($6.14).
  • 1/4/2019 – Barratt Developments had its “add” rating reaffirmed by analysts at Peel Hunt.
  • 12/13/2018 – Barratt Developments was upgraded by analysts at Shore Capital to a “buy” rating.

Shares of LON:BDEV traded up GBX 11.20 ($0.15) on Monday, reaching GBX 574.20 ($7.50). 4,208,900 shares of the company were exchanged, compared to its average volume of 4,890,000. Barratt Developments Plc has a 1-year low of GBX 6.26 ($0.08) and a 1-year high of GBX 705.50 ($9.22).

Barratt Developments (LON:BDEV) last posted its quarterly earnings results on Wednesday, February 6th. The real estate development company reported GBX 32.70 ($0.43) earnings per share for the quarter.

The business also recently declared a dividend, which will be paid on Tuesday, May 7th. Stockholders of record on Thursday, April 11th will be paid a dividend of GBX 9.60 ($0.13) per share. The ex-dividend date of this dividend is Thursday, April 11th. This represents a dividend yield of 1.71%.

In related news, insider Jessica White purchased 10,000 shares of the stock in a transaction dated Monday, December 17th. The shares were acquired at an average cost of GBX 437 ($5.71) per share, with a total value of £43,700 ($57,101.79).

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.

See Also: How dollar cost averaging works

Receive News & Ratings for Barratt Developments Plc Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Barratt Developments Plc and related companies with MarketBeat.com's FREE daily email newsletter.

Leave a Reply