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Home / Momentum / Barratt Developments PLC (BDEV.L) 15-01-20

This report is not a personal recommendation and does not take into account your personal circumstances or appetite for risk.

Barratt Developments PLC (BDEV.L) 15-01-20

Will shares in Barratt Developments PLC (BDEV.L) continue to new highs?

 

  • The share price performance has been very strong, now trading at 788.6p (at time of writing), .
  • Will we see an end to the trend, or is the momentum set to continue?
  • Could this be the ideal opportunity for those seeking a momentum play?
  • Whilst the trend has been relentless, remember that strong past performance may not always continue.
  • Technical traders should be mindful of new events, which can influence price action. Check our website and news outlets for updates.
  • Shares -0% from 12-month highs; +52% from 12 month lows.

Latest News

14 Jan:  Deutsche Bank has upgraded its rating on Barratt Developments (BDEV) to buy (from hold) and increased the target price to 807p (from 648p).

13 Jan:  Bank of America Merrill Lynch has downgraded its rating on Barratt Developments (BDEV) to neutral (from buy) and increased the target price to 800p  (from 749p).   ovided…

13 Jan:  Peel Hunt reiterates its hold rating on Barratt Developments (BDEV) and increased the target price to 805p (from 650p).

10 Jan:  Morgan Stanley reiterates its overweight rating on Barratt Developments (BDEV) and increased the target price to 790p (from 675p).

10 Jan:  Citigroup has downgraded its rating on Barratt Developments (BDEV) to neutral (from buy).

09 Jan:  Berenberg reiterates its buy rating on Barratt Developments (BDEV) and increased the target price to 800p (from 670p).

07 Jan:  Canaccord Genuity reiterates its buy rating on Barratt Developments (BDEV) and increased the target price to 820p (from 660p).

Source: Bloomberg, Reuters, Alpha Terminal, FT, DJ Newswires

 

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