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

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

BKGFY has been the subject of several research reports. Zacks Research upgraded Berkeley Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. Citigroup restated a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. Jefferies Financial Group upgraded shares of Berkeley Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 3rd. The Goldman Sachs Group began coverage on shares of Berkeley Group in a research report on Monday, November 24th. They issued a “sell” rating on the stock. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Berkeley Group in a research report on Thursday, December 11th.

Berkeley Group Price Performance

OTCMKTS:BKGFY opened at $12.28 on Friday. The company has a current ratio of 3.54, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. Berkeley Group has a one year low of $9.03 and a one year high of $12.37. The stock has a 50-day simple moving average of $10.93 and a 200 day simple moving average of $10.43.

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.