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Barratt Developments (BDEV) Stock Forecast & Price Target

GBX 493.10
-6.20 (-1.24%)
(As of 11:53 AM ET)

Barratt Developments - Analysts' Recommendations and Stock Price Forecast (2024)

MarketBeat calculates consensus analyst ratings for stocks using the most recent rating from each Wall Street analyst that has rated a stock within the last twelve months. Each analyst's rating is normalized to a standardized rating score of 1 (sell), 2 (hold), 3 (buy) or 4 (strong buy). Analyst consensus ratings scores are calculated using the mean average of the number of normalized sell, hold, buy and strong buy ratings from Wall Street analysts. Each stock's consensus analyst rating is derived from its calculated consensus ratings score (0 to .5 = Strong Sell, .5 to 1 = Sell, 1 to 1.5 = Reduce, 1.5 to 2.5 = Hold, 2.5 to 3.0 = Moderate Buy, 3.0 to 3.5 = Buy, >3.5 = Strong Buy). MarketBeat's consensus price targets are a mean average of the most recent available price targets set by each analyst that has set a price target for the stock in the last twelve months. MarketBeat's consensus ratings and consensus price targets may differ from those calculated by other firms due to differences in methodology and available data.

Consensus Rating

Based on 4 Wall Street analysts who have issued ratings for Barratt Developments in the last 12 months, the stock has a consensus rating of "Moderate Buy." Out of the 4 analysts, 1 has given a hold rating, and 3 have given a buy rating for BDEV.

Consensus Price Target

GBX 531.75
High ForecastGBX 615
Average ForecastGBX 531.75
Low ForecastGBX 464

According to the 4 analysts' twelve-month price targets for Barratt Developments, the average price target is GBX 531.75. The highest price target for BDEV is GBX 615, while the lowest price target for BDEV is GBX 464. The average price target represents a forecasted upside of 7.84% from the current price of GBX 493.10.

TypeCurrent Forecast
7/18/23 to 7/17/24
1 Month Ago
6/18/23 to 6/17/24
3 Months Ago
4/19/23 to 4/18/24
1 Year Ago
7/18/22 to 7/18/23
Consensus Rating
Moderate Buy
Moderate Buy
Moderate Buy
Hold
Strong Buy
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
0 Strong Buy rating(s)
Buy
3 Buy rating(s)
3 Buy rating(s)
4 Buy rating(s)
4 Buy rating(s)
Hold
1 Hold rating(s)
3 Hold rating(s)
4 Hold rating(s)
5 Hold rating(s)
Sell
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
0 Sell rating(s)
Consensus Price TargetGBX 531.75GBX 503.33GBX 514.63GBX 502.13
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BDEV Analyst Recommendations By Month

The chart below shows how a company's ratings by analysts have changed over time. Each bar represents the previous year of ratings for that month. Within each bar, the sell ratings are shown in red, the hold ratings are shown in yellow, the buy ratings are shown in green, and the strong buy ratings are shown in dark green.
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BDEV Price Targets by Month

The chart below shows how a company's share price and consensus price target have changed over time. The dark blue line represents the company's actual price. The lighter blue line represents the stock's consensus price target. The even lighter blue range in the background of the two lines represents the low price target and the high price target for each stock.
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Barratt Developments Stock vs. The Competition

TypeBarratt DevelopmentsConsumer Cyclical Companies
Consensus Rating Score
2.75
2.50
Consensus RatingModerate BuyModerate Buy
News Sentiment RatingPositive News
Neutral News
DateBrokerageAnalyst NameActionRatingPrice TargetUpside/Downside on Report DateDetails
7/17/2024JPMorgan Chase & Co.
3 of 5 stars
 Reiterated RatingOverweightGBX 560+12.70%
2/9/2024Citigroup
3 of 5 stars
 UpgradeBuyGBX 615+26.96%
2/7/2024Berenberg Bank
2 of 5 stars
 Reiterated RatingHoldGBX 488+0.10%
9/7/2023Barclays
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetOverweightGBX 460 ➝ GBX 464+5.79%
7/14/2023Deutsche Bank Aktiengesellschaft
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 Lower TargetHoldGBX 466 ➝ GBX 392-4.18%
6/22/2023Jefferies Financial Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetHoldGBX 499 ➝ GBX 501+18.52%
6/12/2023UBS Group
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Boost TargetBuyGBX 520 ➝ GBX 545+16.83%
5/11/2023Shore Capital
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 Boost TargetHoldGBX 440 ➝ GBX 552+10.18%
2/13/2023Liberum Capital
Subscribe to MarketBeat All Access for the recommendation accuracy rating
 Reiterated RatingBuyGBX 535+16.13%

Analyst ratings data on MarketBeat is provided by Benzinga and other data providers. This page was last refreshed on Wednesday at 04:50 PM ET.

BDEV Forecast - Frequently Asked Questions

What is Barratt Developments' forecast for 2024?

According to the research reports of 4 Wall Street equities research analysts, the average twelve-month stock price forecast for Barratt Developments is GBX 531.75, with a high forecast of GBX 615 and a low forecast of GBX 464.

Should I buy or sell Barratt Developments stock right now?

4 Wall Street analysts have issued "buy," "hold," and "sell" ratings for Barratt Developments in the last year. There is currently 1 hold rating and 3 buy ratings for the stock. The consensus among Wall Street analysts is that investors should "moderate buy" BDEV shares.

Does Barratt Developments's stock price have much upside?

According to analysts, Barratt Developments's stock has a predicted upside of 11.51% based on their 12-month stock forecasts.

What analysts cover Barratt Developments?

Barratt Developments has been rated by research analysts at JPMorgan Chase & Co. in the past 90 days.

Do Wall Street analysts like Barratt Developments more than its competitors?

Analysts like Barratt Developments more than other "consumer cyclical" companies. The consensus rating score for Barratt Developments is 2.75 while the average consensus rating score for "consumer cyclical" companies is 2.51. Learn more on how BDEV compares to other companies.


This page (LON:BDEV) was last updated on 7/17/2024 by MarketBeat.com Staff

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