Barratt Developments (OTCMKTS:BTDPY) Stock Rating Reaffirmed by Berenberg Bank

Barratt Developments (OTCMKTS:BTDPY)‘s stock had its “hold” rating reiterated by investment analysts at Berenberg Bank in a research report issued to clients and investors on Wednesday, The Fly reports.

BTDPY has been the subject of several other reports. Liberum Capital lowered Barratt Developments from a “buy” rating to a “hold” rating in a research note on Wednesday, April 7th. Zacks Investment Research downgraded shares of Barratt Developments from a “buy” rating to a “hold” rating in a research report on Tuesday, April 27th. Barclays reissued an “equal weight” rating on shares of Barratt Developments in a research report on Monday. Deutsche Bank Aktiengesellschaft reaffirmed a “hold” rating on shares of Barratt Developments in a research report on Friday, May 7th. Finally, Morgan Stanley reiterated an “overweight” rating on shares of Barratt Developments in a report on Friday, February 5th. Nine investment analysts have rated the stock with a hold rating and two have assigned a buy rating to the company. The company presently has a consensus rating of “Hold” and a consensus price target of $25.00.

Barratt Developments stock traded down $0.09 during trading on Wednesday, hitting $21.96. The company’s stock had a trading volume of 41,653 shares, compared to its average volume of 8,869. The stock has a market capitalization of $11.18 billion, a price-to-earnings ratio of 22.64, a P/E/G ratio of 1.51 and a beta of 1.47. The stock’s fifty day moving average is $21.96 and its 200 day moving average is $19.11. Barratt Developments has a 1-year low of $11.00 and a 1-year high of $23.86. The company has a debt-to-equity ratio of 0.04, a quick ratio of 1.61 and a current ratio of 1.61.

Barratt Developments Company Profile

Barratt Developments plc engages in the housebuilding and commercial development businesses in Great Britain. It acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities; and retail, leisure, office, industrial, and mixed-use properties. The company offers homes under the Barratt Homes, David Wilson Homes, and Barratt London brands.

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Analyst Recommendations for Barratt Developments (OTCMKTS:BTDPY)

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