The Berkeley Group Holdings plc (OTCMKTS:BKGFY – Get Rating) has been assigned a consensus rating of “Moderate Buy” from the seven analysts that are currently covering the stock, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a hold recommendation and three have given a buy recommendation to the company. The average 12-month price objective among brokerages that have updated their coverage on the stock in the last year is $3,984.00.
A number of research firms have recently weighed in on BKGFY. Berenberg Bank raised The Berkeley Group from a “hold” rating to a “buy” rating in a research report on Monday, September 12th. Citigroup downgraded shares of The Berkeley Group from a “buy” rating to a “neutral” rating in a research note on Monday, October 31st. Morgan Stanley decreased their price objective on shares of The Berkeley Group from GBX 3,600 ($42.57) to GBX 3,468 ($41.01) in a research note on Tuesday, October 25th. Finally, JPMorgan Chase & Co. decreased their price objective on shares of The Berkeley Group from GBX 5,300 ($62.67) to GBX 4,500 ($53.21) in a research note on Wednesday, September 21st.
The Berkeley Group Price Performance
BKGFY opened at $9.10 on Friday. The Berkeley Group has a one year low of $6.92 and a one year high of $13.58. The business’s 50 day moving average price is $8.06 and its 200 day moving average price is $9.04. The company has a current ratio of 3.15, a quick ratio of 0.55 and a debt-to-equity ratio of 0.21.
About The Berkeley Group
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. The company is also involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.
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