340 isn't a resistance level the next one is 347/8
As in will it carry on up...?
Resistance at 340
Any thoughts on if it'll break through 340 resistance short term?
RE: Re: broker update
09 Dec 2013 Barratt... BDEV Deutsche Bank Buy 335.25 337.90 394.00 394.00 Reiterates SP TARGET 394p
Strong indications this week that interest rates will be at this level for some considerable time and even a spot of QE may be used, all good for Barratts
RE: Re: broker update
<b>Barratt Developments Given “Buy” Rating at Liberum Capital (BDEV) Posted by Tammy Falkenburg on Dec 6th, 2013 </b> Barratt Developments (LON:BDEV)‘s stock had its “buy” rating restated by equities researchers at Liberum Capital in a research report issued on Friday, American Banking and Market News reports. They currently have a GBX 387 ($6.34) target price on the stock. Liberum Capital’s price target would indicate a potential upside of 19.19% from the stock’s previous close. Barratt Developments (LON:BDEV) opened at 328.90 on Friday. Barratt Developments has a 52-week low of GBX 194.00 and a 52-week high of GBX 359.80. The stock’s 50-day moving average is GBX 330.9 and its 200-day moving average is GBX 325.0. The company’s market cap is £3.209 billion. Other equities research analysts have also recently issued reports about the stock. Analysts at Jefferies Group raised their price target on shares of Barratt Developments from GBX 435 ($7.12) to GBX 474 ($7.76) in a research note to investors on Friday. They now have a “buy” rating on the stock. Separately, analysts at Citigroup Inc. upgraded shares of Barratt Developments to a “buy” rating in a research note to investors on Monday. They now have a GBX 390 ($6.39) price target on the stock, up previously from GBX 345 ($5.65). Finally, analysts at Deutsche Bank reiterated a “buy” rating on shares of Barratt Developments in a research note to investors on Monday. They now have a GBX 394 ($6.45) price target on the stock. Two investment analysts have rated the stock with a hold rating and fourteen have given a buy rating to the stock. The stock currently has an average rating of “Buy” and an average price target of GBX 383.33 ($6.28). Barratt Developments PLC is a holding company. The Company’s principal activities consists of acquiring and developing land, planning, designing and constructing residential property developments and selling the homes it builds
Datafeed and UK data supplied by NETbuilder and Interactive Data.
While London South East do their best to maintain the high quality of the information displayed on this site,
we cannot be held responsible for any loss due to incorrect information found here. All information is provided free of charge, 'as-is', and you use it at your own risk!
The contents of all 'Chat' messages should not be construed as advice and represent the opinions of the authors, not those of London South East Limited, or its affiliates.
London South East does not authorise or approve this content, and reserves the right to remove items at its discretion.