<div id="readability-page-1"><p><span>Barratt Developments (LON:BDEV - Get Free Report)</span>'s stock had its &#34;sector perform&#34; rating reiterated by equities research analysts at Royal Bank of Canada in a research note issued to investors on Thursday, LSE.Co.UK reports. They currently have a GBX 575 ($7.56) target price on the real estate development company's stock. Royal Bank of Canada's price target would suggest a potential upside of 13.86% from the company's current price.</p><div><p><span></span><span>Get <strong>Barratt Developments</strong> alerts:</span></p></div><p>Separately, JPMorgan Chase &amp; Co. restated an &#34;overweight&#34; rating and issued a GBX 560 ($7.36) price objective on shares of Barratt Developments in a report on Wednesday, July 17th. Two analysts have rated the stock with a hold rating and three have issued a buy rating to the company's stock. Based on data from MarketBeat, Barratt Developments has a consensus rating of &#34;Moderate Buy&#34; and a consensus target price of GBX 540.40 ($7.11).</p><p><b>Check Out Our Latest Analysis on BDEV</b></p><h2>Barratt Developments Trading Up 1.8 %</h2><p>Shares of Barratt Developments stock traded up GBX 8.70 ($0.11) on Thursday, hitting GBX 505 ($6.64). The stock had a trading volume of 4,825,384 shares, compared to its average volume of 6,347,218. The stock has a 50 day moving average of GBX 512.86 and a 200 day moving average of GBX 491.08. The company has a debt-to-equity ratio of 4.52, a quick ratio of 0.93 and a current ratio of 4.92. Barratt Developments has a twelve month low of GBX 384.15 ($5.05) and a twelve month high of GBX 582.60 ($7.66). The firm has a market capitalization of £7.32 billion, a P/E ratio of 2,195.65, a PEG ratio of 9.09 and a beta of 1.63. </p><h2>Insider Buying and Selling at Barratt Developments</h2><p>In other Barratt Developments news, insider Steven J. Boyes sold 118 shares of the firm's stock in a transaction on Thursday, July 11th. The stock was sold at an average price of GBX 483 ($6.35), for a total transaction of £569.94 ($749.43). Company insiders own 1.51% of the company's stock. </p><h2>Barratt Developments Company Profile</h2> (Get Free Report)<p>Barratt Developments plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.</p><h2>Further Reading</h2><ul><li>Five stocks we like better than Barratt Developments</li><li>How to Calculate Retirement Income: MarketBeat’s Calculator</li><li>Emerging Markets: What They Are and Why They Matter</li><li>How to Know Which Cryptocurrency to Buy: A Guide for Investors</li><li>Recession or Not, These 3 Stocks Are Winners</li><li>How to Capture the Benefits of Dividend Increases</li><li>Why NVIDIA Is More of a Screaming Buy Than Ever</li></ul><p><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PUxPTiZTeW1ib2w9QkRFVg?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" width="600" height="385" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/RatingsChart.ashx/query-UHJlZml4PUxPTiZTeW1ib2w9QkRFVg"/></p><p><em>This instant news alert was generated by narrative science technology and financial data from MarketBeat in order to provide readers with the fastest and most accurate reporting. This story was reviewed by MarketBeat's editorial team prior to publication. Please send any questions or comments about this story to contact@marketbeat.com.</em></p><p>→ Apple to take the AI industry by storm on September 10 <span><span>(From InvestorPlace)</span> <span>(Ad)</span></span><img src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NDgz?x-oss-process=image/auto-orient,1/interlace,1/resize,w_1440,h_1440/quality,q_95/format,jpg" height="1" width="1" original-src="https://imageproxy.pbkrs.com/https://www.marketbeat.com/scripts/TriggeredCampaignPixel.ashx/query-UGxhY2VtZW50PU5hdGl2ZURpc3BsYXkmU291cmNlPU5hdGl2ZURpc3BsYXkmVHJpZ2dlcmVkQ2FtcGFpZ25JRD05NDgz"/></p><h2>Should you invest $1,000 in Barratt Developments right now?</h2><p>Before you consider Barratt Developments, you'll want to hear this.</p><p>MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis. MarketBeat has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and Barratt Developments wasn't on the list.</p><p>While Barratt Developments currently has a &#34;Moderate Buy&#34; rating among analysts, top-rated analysts believe these five stocks are better buys.</p><p>View The Five Stocks Here</p> </div>

<p>Royal Bank of Canada has reiterated a "sector perform" rating for Barratt Developments (LON:BDEV) and set a price target of GBX 575, indicating a potential upside of 13.86%. The consensus rating for Barratt Developments is "Moderate Buy" with an average target price of GBX 540.40. Shares of the company traded up 1.8% on Thursday, hitting GBX 505.</p>

Royal Bank of Canada Reiterates "Sector Perform" Rating for Barratt Developments (LON:BDEV)