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

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have been assigned a consensus recommendation of “Hold” from the seven research firms that are covering the firm, Marketbeat reports. Two investment analysts have rated the stock with a sell recommendation, three have issued a hold recommendation and two have assigned a buy recommendation to the company.

A number of research analysts recently commented on the stock. Kepler Capital Markets lowered shares of Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Berenberg Bank downgraded shares of Berkeley Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Zacks Research upgraded Berkeley Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. Finally, Royal Bank Of Canada reaffirmed an “outperform” rating on shares of Berkeley Group in a research report on Thursday, June 25th.

Berkeley Group Stock Up 1.2%

Shares of BKGFY opened at $9.91 on Wednesday. The company’s 50-day moving average is $9.41 and its 200-day moving average is $9.64. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.58 and a quick ratio of 0.70. Berkeley Group has a fifty-two week low of $8.09 and a fifty-two week high of $12.54.

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.