Barratt Developments Share Discussion Threads

[petersinthemarket] 26/6/2023 12:37

great yield

[davethehorse] 26/6/2023 09:11

Agree 300p target here

[tornado12] 17/6/2023 08:30

I see this going sub 400p with the tortuous trend of interest rate increases stalling the housing market. I expect at some point there will be return of help to buy as no government can allow the market collapse. Trying to build a long term stake here with knowledge the divi and share price moves in cycles. GLA

[tornado12] 12/6/2023 15:05

With the fixed mortgage cliff edge arriving over next 6 months , my feeling is the HB will continue under pressure into 2024. I am ready to add at the right price, but needs to be sub 400p for sure. Need to be patient with medium term view GLA

[typo56] 09/6/2023 07:24

Very shoddy. Don't suppose it will dent profits much

[petersinthemarket] 11/5/2023 18:10

Interesting confidence being shown, but I'm not sure what is expected to drive the share price up from here.
Chart suggests stong resistance at 500p. Recession, inflation, high interest and mortgage rates. All builders reporting lower fwd orders. [I sold at 500p; Wife still holds]
EDIT: At 509p, wife is winning so far.
EDIT: Spoke too soon, now c 480p.

[volsung] 10/5/2023 09:43

Added a few more to the SIPP
Solid stock

[tornado12] 03/5/2023 12:27

Trading update pretty much as expected. Important for me is their solid balance sheet and cash in the bank ! Waiting and watching for any weakness before adding

[tornado12] 28/4/2023 13:49

breaking 500p again is a nice milestone. Continued uncertainty but so far not as bad as expected I would say.... Will add if the big drop happens again this year. For now on hold with my stake

[petersinthemarket] 18/4/2023 12:46

570p would be nice, but I dont believe bank analysts. [I hold]

We all read charts differently - to me the chart says strong resistance around 500p. In today's housing market, I can't see how the share price could continue to rise as strongly as it's recent recovery has suggested. IMO it only looks this good now because of it's recovery from the double bottom caused by the utterly disasterous trashing of the market caused by Truss and Kwartang.

[the original goldbug] 13/4/2023 13:55

No one here really which is a good sign for a stock which is grinding higher.

A lovely inverted head and shoulders developing should catapult it back to the 7s.

[woodhawk] 13/4/2023 10:20

FWIW

HSBC raises Barratt Developments to 'buy' (hold) - price target 570 (390) pence

[woodhawk] 11/4/2023 13:08

FWIW

Barclays raises Barratt Developments price target to 570 (509) pence - 'overweight'

[covid 19 deal] 06/4/2023 11:54

All shares crossing exdividend price ..whats going on

[scepticalinvestor] 05/4/2023 09:00

Yes, this deserves some sackings to be done

[petersinthemarket] 13/3/2023 12:12

I agree - the double bottom around 325p would hopefully act as support.

[tornado12] 03/3/2023 11:28

Prepared to add more below 380p, if it ever gets there. Long term investment with good divi return . Watching & Waiting ..

[makinbuks] 02/3/2023 11:20

Fair enough, I don't have data. Only subscribed for the last year or so and find their analysis very good

[salver2] 01/3/2023 14:45

You’re going to be right sometime by chance but their historical record is somewhat poor

[makinbuks] 01/3/2023 10:01

I think thats harsh, they recently won an award for the accuracy of their forecasting

[salver2] 28/2/2023 18:15

Capital economics record is worse than mystic Meg