Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Receives Consensus Rating of “Hold” from Analysts

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have received a consensus rating of “Hold” from the seven ratings firms that are covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, three have issued a hold rating and two have given a buy rating to the company.

BKGFY has been the subject of several recent analyst reports. Berenberg Bank cut Berkeley Group from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Royal Bank Of Canada restated an “outperform” rating on shares of Berkeley Group in a report on Thursday, June 25th. Kepler Capital Markets lowered Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Finally, Zacks Research raised Berkeley Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 9th.

Berkeley Group Trading Up 2.3%

Shares of BKGFY stock opened at $9.07 on Friday. The business’s fifty day moving average price is $9.38 and its 200 day moving average price is $9.27. The company has a quick ratio of 0.70, a current ratio of 3.58 and a debt-to-equity ratio of 0.18. Berkeley Group has a 1-year low of $8.09 and a 1-year high of $12.54.

Berkeley Group Company Profile

The Berkeley Group Holdings plc, operating as Berkeley, is a United Kingdom-based residential property developer. The company acquires land, secures planning approvals and develops homes and mixed-use communities, with projects ranging from private housing to affordable housing and purpose-built student accommodation.

Berkeley serves customers primarily in London, the surrounding South East of England and selected parts of the South West. Its developments commonly include apartments and houses alongside public spaces, community facilities, retail areas and other infrastructure.