nice starting point..

BUY notes coming out.

16 Jan Barratt... BDEV Shore Capital Buy 226.40 226.50 - - Reiterates

UPDATE 1-UK's Barratt sees "significant" improvement in profit16 Jan 2013 - 07:27

LONDON, Jan 16 (Reuters) - British housebuilder Barratt said it expects a "significant" improvement in profits for the full year 2012-2013 after its profit before tax more than doubled in the first six months to December. Barratt, the UK's largest housebuilder by market volume, said on Wednesday it expects pre-tax profit over the half year period to rise by 108 percent to 45 million pounds ($72 million)and posted group revenues of 950 million pounds, in line with the prior year. The company completed 5,085 units over the period and secured private forward sales, excluding joint ventures, of 536.5 million pounds by the end of December, up 35.5 percent over the prior year, it said. "This has been a good first half performance," Group Chief Executive Mark Clare said. "In addition, we have been investing for the future, successfully securing higher margin land both in the South-East and across the rest of the country that will drive further profit growth. "We are on track to deliver around half of our full year completions from higher margin land, and combined with our continued focus on driving efficiency across the group, we expect to deliver a significant improvement in profitability for the full year 2013." Barratt said it had agreed terms on 453 million pounds worth of new land in the first half, equating to 9,320 plots on 67 sites, and that it expects to agree terms on 15,000 plots for the full year. It also said that it had bought two sites in London with a development value of 400 million pounds which would provide more than 1,000 new homes for the capital. Barratt and its rivals such as Taylor Wimpey and Persimmon have in the past year sought to beat a sluggish market by buying land cheaply during the recession, building more lucrative family homes rather than flats and focusing on areas where prices have stayed strong such as London and south England. Shares in Barratt, which have more than doubled in price over the past year, closed at 226.5 pence on Tuesday, valuing the company at 2.2 billion pounds. ($1 = 0.6215 British pounds) (Reporting by Brenda Goh; editing by Kate Holton) ((brenda.goh@thomsonreuters.com)(+44 020 7542 2230)(Reuters Messaging: brenda.goh.thomsonreuters.com@reuters.net)) Keywords: BARRATT/

Davy Research ‏@DavyResearch
Barratt Developments - Trading update signals good progress in margin improvement and debt pay-down in fi... -

http://www.davy.ie/LR?id=8334

Precogz Updates ‏@Precogz
#BDEV Barratt strategy paying off as update points to robust financial performance - Proactiveinvestors

http://www.proactiveinvestors.co.uk/companies/news/52486/barratt-strategy-paying-off-as-update-points-to-robust-financial-performance-52486.html …

Biggy........

16 Jan Barratt... BDEV Bank of America Merrill Lynch Buy 221.50 226.50 234.00 265.00 Retains

SP Target 265p

StockMarketWire.com
Numis cuts Barratt Developments to hold from buy, target 170p

BDEV

Broker upgrade report...

http://www.dailypolitical.com/finance/stock-market/deutsche-bank-reaffirms-buy-rating-on-barratt-developments-bdev.htm

Seems like the brokers cant make up their minds - BUY recommendation seems right to me with TP of 265... Buying pressure seems to be good this AM

Morgan downgraded the whole sector yesterday, but other brokers are a lot more optimistic.

If I read this RNS properly USB dropped BDEV 53,536,292 shares on 15th Jan 2013

?

Good start

Going well today.

The share has risen 125% in 2012 and more since the new year. Should have further upside. The company is in the enviable position of building on land it bought cheaply at the bottom of the cycle while selling its houses into a rising market. Debt levels along with write downs and off balance sheet financing have also subsided.

DC, that summary comes from IC. You need to name your source each time in order to avoid accusations of plagiarism.

Thats fine with me.

05 Feb Barratt... BDEV Liberum Capital Buy 216.00 217.50 165.00 259.00 Reiterates

TARGET SP 259p.

Brokers With Buy ratings on
BDEV

Date Company Name Broker Rec. Price Old target price New target price Notes

05 Feb 13 Barratt... Liberum Capital Buy 227.25 165.00 259.00 Reiterates
17 Jan 13 Barratt... UBS Buy 227.25 210.00 250.00 Retains
17 Jan 13 Barratt... Deutsche Bank Buy 227.25 - 279.00 Retains
16 Jan 13 Barratt... Bank of America Merrill Lynch Buy 227.25 234.00 265.00 Retains

N@P Building Society.

anyone here got level 2

From Twitter....

David Thomas ‏@djthomas
Housing market shows revival signs

http://bbc.in/12oIgN0