Barratt Developments plc

Good start to FY 2020; reiterates FY volume guidance

  • Sectors : Construction and Housebuilding
  • Companies : Barratt Developments plc

Ratings and price correct at time of issue.

  • Barratt Developments plc

    Closing Price: 683p

  • RATING 24/03/14

  • PREVIOUS RATING 10/09/13

    OUTPERFORM

DAVY VIEW

Sales rates at Barratt Developments have been solid since the beginning of the financial year. Growth in active sites should give comfort around full year volume guidance and the company has reiterated its lower end of the range of 3-5%. We are unlikely to change estimates on the back of today’s announcement.

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Oct 16 2019, 07:40 IST/BST

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