Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Given Average Rating of “Hold” by Analysts

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have been assigned an average recommendation of “Hold” from the seven research firms that are currently covering the firm, Marketbeat.com reports. Two equities research analysts have rated the stock with a sell rating, two have given a hold rating, one has given a buy rating and two have issued a strong buy rating on the company.

A number of equities research analysts have recently commented on the company. The Goldman Sachs Group assumed coverage on Berkeley Group in a research report on Monday, November 24th. They set a “sell” rating on the stock. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Berkeley Group in a report on Thursday, December 11th. Citigroup reiterated a “neutral” rating on shares of Berkeley Group in a research report on Tuesday, December 16th. Zacks Research raised Berkeley Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Finally, Jefferies Financial Group upgraded Berkeley Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd.

Berkeley Group Trading Down 0.1%

BKGFY opened at $10.57 on Wednesday. The company has a fifty day moving average of $11.35 and a two-hundred day moving average of $10.63. Berkeley Group has a fifty-two week low of $9.03 and a fifty-two week high of $12.54. The company has a quick ratio of 0.65, a current ratio of 3.54 and a debt-to-equity ratio of 0.19.

Berkeley Group Company Profile

Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.