Barratt Developments' growth expectations offer a price appreciation potential.

The company characterizes by great growth and strong profitability. Upward revisions have been made on EPS and earnings in a two-year horizon.

From a technical viewpoint, Barratt Developments' shares remain close to an important support area (GBp 535). The latter brings an additional argument for a bullish rebound in prices, especially since the equity still having sound fundamentals. The fall registered on recent trading sessions represents a key entry point with a target at GBp 560 (daily moving averages) and by extension GBp 594.5.

In sum, the GBp 535 area offers an interesting purchase level on Barratt Developments that in fact has numerous positive indicators. The bullish target could be set on the GBp 560 at first. In order to protect the trade, a stop-loss could be triggered if prices fall under the mid-term support.