Barratt Developments (LON:BDEV)‘s stock had its “buy” rating reiterated by investment analysts at UBS Group in a research note issued to investors on Friday, ThisIsMoney.Co.Uk reports.
Other analysts have also issued research reports about the company. Canaccord Genuity restated a “buy” rating and set a GBX 620 ($8.10) price target on shares of in a report on Wednesday. Goldman Sachs Group set a $13.00 price target on Ford Motor and gave the company a “buy” rating in a report on Thursday, June 13th. Berenberg Bank reiterated a “buy” rating and issued a GBX 100 ($1.31) target price on shares of in a research note on Thursday. Jefferies Financial Group upgraded SALVATORE FERRA/ADR from an “underperform” rating to a “hold” rating in a research note on Tuesday, June 25th. Finally, Numis Securities initiated coverage on TUI in a research note on Thursday, May 9th. They issued a “buy” rating on the stock. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating and twelve have assigned a buy rating to the stock. Barratt Developments has a consensus rating of “Buy” and an average price target of GBX 662.08 ($8.65).
LON:BDEV opened at GBX 627 ($8.19) on Friday. The firm’s fifty day moving average is GBX 569.18. Barratt Developments has a fifty-two week low of GBX 430 ($5.62) and a fifty-two week high of GBX 627.80 ($8.20). The stock has a market cap of $6.38 billion and a price-to-earnings ratio of 8.78. The company has a quick ratio of 0.51, a current ratio of 3.79 and a debt-to-equity ratio of 4.39.
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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