After a quiet Monday, housebuilder Barratt Developments (BDEV) will publish a first-half trading update on Tuesday.
Analysts' expectations: "The pre-close statement, we believe, will reiterate a continued robust trading environment in terms of reservations and price and further progression in margins," comments Deutsche Bank analyst Glynis Johnson.
She forecasts a 12.1% increase in completions and a 5% rise in the average selling price. She has a 'buy' rating on Barratt due to its "strong earnings momentum potential".
Valuation: The stock is trading on a 2014 price/earnings (P/E) multiple of 13.2 times.
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