StockMarketWire.com - HSBC today reaffirms its buy investment rating on Barratt Developments PLC [LON:BDEV] and raised its price target to 1070p (from 750p).
StockMarketWire.com - Peel Hunt today downgrades its investment rating on Barratt Developments PLC [LON:BDEV] to hold (from add) and raised its price target to 650p (from 630p).
Shares in Barratt Developments (LON:BDEV) are currently trading close to a 52 week high, with the share price up by around 9.16% to 628p over the past week. On a one-month basis, the Barratt price has ...
This is why, when it comes to dividend-payers such as large cap Homebuilding operator Barratt Developments (LON:BDEV), which yields 4.71%, it is useful to check how well these payments are covered by ...
But the more U.K.-focused stocks, such as house-builders Persimmon (LON:PSN), Taylor Wimpey (LON:TW), Barratt Developments (LON:BDEV) and Berkeley Group (LON:BKGH), are all outperforming.
Housebuilder Barratt Developments PLC (LON:BDEV) said it plans to return excess cash to shareholders through special dividends in 2019 and 2020 as it reported a 19.1% rise in first-half profit. Profit ...
Barratt Developments (LON:BDEV)‘s stock had its “buy” rating reaffirmed by equities researchers at Peel Hunt in a research report issued to clients and investors on Wednesday. Several other brokerages ...
Shares in Johnson Matthey continued to charge higher, a day after it predicted "break out" growth at its electric vehicle battery unit.
QinetiQ: Berenberg downgrades to hold with a target price of 276p.
House builder Barratt Developments said total forward sales were up 2.5% in the calendar year to May 6 to £3.3bn, adding that current trading was in line with expectations.
BT Group plc: Deutsche Bank upgrades to hold with a target price of 248p.
Housebuilder Barratt Developments posted its interim results on Wednesday, reporting strong operational and financial performance driven by customer demand.
The government is looking to crack down on property developers, including greater use of compulsory purchase powers and potentially removing planning permission if land is not developed in time.
Barratt Developments and Swindon Council on Thursday said they had formed a joint venture to develop approximately 250 hectares of land with around 2,670 new homes over the next 20 years.
House builder Barratt said it was well positioned for the second half after reporting first half forward plot sales up 3.8% at 10,921 plots at a value of £2.38bn, but added that it expected to see "modest" growth in full year completions.
Thomas Cook: Berenberg downgrades to Sell with a target price of 100p.
A range of new housing policies were proposed by Chancellor Philip Hammond in his Budget statement, including more funds for smaller housebuilder, a probe into potential holding of land by major housebuilders and a stamp duty cut for first-time buyers.
Housebuilder Barratt Developments said on Wednesday that it has made a strong start to the year and remains confident of delivering a good performance in FY18.
Expectations over the outlook for housebuilders "have run ahead of themselves", said Barclays as it downgraded its ratings for Persimmon, Berkeley Group, Redrow, Bellway and Taylor Wimpey.
The government has proposed a major state housebuilding push to ease the housing crisis, with one side-effect being an end to the "cosy and golden trading climate" that large building companies currently enjoy.