Barratt Developments share price dips as it unveils uptick in completions

A roofer works as Barratt Developments updates on its financial performance

A roofer works as Barratt Developments updates on its financial performance

BDEV has been the subject of several other research reports. Liberum Capital have set their target price at 575 GBX on its stock.

Liberum noted that Barratt made no mension of profit margins in its statement as it maintained its "sell" rating and target price of 575p.

Shares in the group dipped 1.2 per cent in early trading.

Barratt Developments Plc has a 50 day moving average of 636.33 GBX and a 200 Day Moving Average share price is recorded at 617.80. Three equities research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have assigned a buy rating to the company's stock. Barratt Developments presently has an average rating of "Hold" and a consensus price target of GBX 666.36 ($9.04).

Shares of Barratt Developments (BDEV) opened at GBX 623.60 ($8.46) on Monday. The 1 year high stock price is 705.5 GBX while the year low share price is now 6.26 GBX. There are now 1,624,741,700 shares in issue with the average daily volume traded being 3,326,595. The stock has a market capitalization of $6,200.00 and a P/E ratio of 1,004.26.

In other Barratt Developments news, insider Jessica White sold 4,110 shares of the company's stock in a transaction that occurred on Friday, October 20th.

The average selling price jumped 6.5 per cent to £281,000 from £263,800.

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