Trading Report: Today, Insider Buying: Barratt Developments Plc (BDEV) Insider Buys 10,000 Shares of Stock

Today, Insider Buying: Barratt Developments Plc (BDEV) Insider Buys 10,000 Shares of Stock

Barratt Developments Plc (LON:BDEV) insider Jock Fyfe Lennox purchased 10,000 shares of the stock in a transaction on Thursday, November 24th. The stock was acquired at an average price of GBX 472 ($5.90) per share, with a total value of £47,200 ($58,970.51).

Shares of Barratt Developments Plc (LON:BDEV) opened at 467.70 on Friday. The company’s 50-day moving average price is GBX 475.02 and its 200 day moving average price is GBX 481.15. Barratt Developments Plc has a 12-month low of GBX 326.00 and a 12-month high of GBX 638.50. The firm’s market capitalization is GBX 4.69 billion.

The company also recently declared a dividend, which was paid on Monday, November 21st. Investors of record on Thursday, October 27th were paid a dividend of GBX 24.70 ($0.31) per share. This is an increase from Barratt Developments Plc’s previous dividend of $6.00. This represents a yield of 5.02%. The ex-dividend date was Thursday, October 27th.

Several equities research analysts have issued reports on the company. Numis Securities Ltd restated an “add” rating and issued a GBX 609 ($7.61) price target on shares of Barratt Developments Plc in a report on Wednesday, September 7th. Deutsche Bank AG restated a “buy” rating and issued a GBX 575 ($7.18) price target on shares of Barratt Developments Plc in a report on Monday, October 3rd. Canaccord Genuity restated a “hold” rating and issued a GBX 470 ($5.87) price target on shares of Barratt Developments Plc in a report on Tuesday, October 4th. Credit Suisse Group AG restated a “neutral” rating and issued a GBX 464 ($5.80) price target on shares of Barratt Developments Plc in a report on Friday, September 9th. Finally, Liberum Capital reiterated a “hold” rating and set a GBX 485 ($6.06) price objective on shares of Barratt Developments Plc in a report on Monday, October 3rd. Ten analysts have rated the stock with a hold rating and five have given a buy rating to the company. Barratt Developments Plc currently has an average rating of “Hold” and a consensus price target of GBX 545.32 ($6.81).

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