JPMorgan Chase & Co. Reaffirms Overweight Rating for Barratt Developments (LON:BDEV)

Barratt Developments (LON:BDEV)‘s stock had its “overweight” rating reiterated by equities researchers at JPMorgan Chase & Co. in a research report issued on Friday, MarketBeat reports.

Barratt Developments Stock Up 3.5 %

Shares of LON:BDEV opened at GBX 509.12 ($6.44) on Friday. The company has a market capitalization of £4.96 billion, a PE ratio of 2,311.82, a P/E/G ratio of -1.65 and a beta of 1.56. The company has a debt-to-equity ratio of 4.52, a quick ratio of 0.93 and a current ratio of 4.92. The company’s fifty day moving average is GBX 490.62 and its 200-day moving average is GBX 496.48. Barratt Developments has a 52 week low of GBX 384.15 ($4.86) and a 52 week high of GBX 582.60 ($7.37).

Barratt Developments Company Profile

Barratt Developments plc engages in the housebuilding business in the United Kingdom. The company acquires and develops land; plans, designs, and constructs homes, apartments, penthouses, and communities, as well as undertakes mixed-use regeneration schemes; and develops retail, leisure, office, industrial, and mixed-use properties.