The Berkeley Group Holdings plc (LON:BKG) Receives Consensus Recommendation of “Hold” from Analysts

Shares of The Berkeley Group Holdings plc (LON:BKG) have received a consensus recommendation of “Hold” from the six ratings firms that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell rating and four have given a buy rating to the company. The average 12-month target price among analysts that have updated their coverage on the stock in the last year is GBX 4,399.83.

Several research analysts have commented on BKG shares. Bank of America upgraded shares of The Berkeley Group to a “buy” rating and lowered their price target for the stock from GBX 4,080 to GBX 4,020 in a report on Monday. Royal Bank Of Canada lowered shares of The Berkeley Group to an “underperform” rating and reduced their price objective for the company from GBX 4,900 to GBX 3,700 in a report on Tuesday, December 2nd. Finally, JPMorgan Chase & Co. upgraded shares of The Berkeley Group to an “overweight” rating and boosted their target price for the stock from GBX 4,700 to GBX 5,000 in a research note on Wednesday, February 4th.

The Berkeley Group Trading Up 0.2%

LON:BKG opened at GBX 3,438 on Monday. The stock has a fifty day moving average price of GBX 4,029.47 and a 200 day moving average price of GBX 3,927.85. The company has a current ratio of 3.54, a quick ratio of 0.57 and a debt-to-equity ratio of 18.94. The Berkeley Group has a 12-month low of GBX 3,370 and a 12-month high of GBX 4,442. The firm has a market cap of £3.25 billion, a PE ratio of 9.36, a price-to-earnings-growth ratio of -0.87 and a beta of 1.19.

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.

We specialise in brownfield regeneration, working closely with local communities and councils to revive underused land and create homes where they are needed most.