Deutsche Bank AG Reaffirms “Buy” Rating for Berkeley Group Holdings PLC (BKG)
Deutsche Bank AG reissued their buy rating on shares of Berkeley Group Holdings PLC (LON:BKG) in a report issued on Friday morning. Deutsche Bank AG currently has a GBX 3,908 ($50.54) target price on the stock.
BKG has been the topic of a number of other research reports. Jefferies Group LLC reaffirmed a buy rating and issued a GBX 3,958 ($51.19) target price on shares of Berkeley Group Holdings PLC in a research note on Monday, June 26th. HSBC Holdings plc upped their target price on Berkeley Group Holdings PLC from GBX 3,481 ($45.02) to GBX 3,789 ($49.00) and gave the company a buy rating in a research note on Wednesday, July 19th. Peel Hunt reaffirmed a buy rating and issued a GBX 4,390 ($56.78) target price on shares of Berkeley Group Holdings PLC in a research note on Wednesday, June 21st. Canaccord Genuity upped their target price on Berkeley Group Holdings PLC from GBX 3,530 ($45.65) to GBX 3,600 ($46.56) and gave the company a buy rating in a research note on Thursday, June 22nd. Finally, Credit Suisse Group reaffirmed an underperform rating and issued a GBX 2,162 ($27.96) target price on shares of Berkeley Group Holdings PLC in a research note on Friday, June 30th. One investment analyst has rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company. The stock has a consensus rating of Buy and a consensus price target of GBX 3,555.42 ($45.98).
Shares of Berkeley Group Holdings PLC (BKG) opened at 3734.00 on Friday. The company has a 50 day moving average price of GBX 3,564.32 and a 200 day moving average price of GBX 3,276.52. Berkeley Group Holdings PLC has a 12-month low of GBX 2,286.00 and a 12-month high of GBX 3,765.00. The firm’s market cap is GBX 5.13 billion.
ILLEGAL ACTIVITY NOTICE: “Deutsche Bank AG Reaffirms “Buy” Rating for Berkeley Group Holdings PLC (BKG)” was reported by The Cerbat Gem and is the sole property of of The Cerbat Gem. If you are accessing this story on another website, it was stolen and reposted in violation of U.S. & international copyright legislation. The legal version of this story can be viewed at https://www.thecerbatgem.com/2017/09/04/deutsche-bank-ag-reaffirms-buy-rating-for-berkeley-group-holdings-plc-bkg.html.
Berkeley Group Holdings PLC Company Profile
The Berkeley Group Holdings plc is a holding company. The Company, along with its subsidiaries, is engaged in residential-led, mixed-use property development. Its segments include Residential-led mixed-use development and Other activities. Its brands include Berkeley, which creates medium to large-scale developments in towns, cities and the countryside, encompassing executive homes, mixed use schemes, riverside apartments, refurbished historic buildings and urban loft spaces; St George, which is involved in mixed use sustainable regeneration in London; St James, which handles projects that embrace private residential development, commercial property, recreational and community facilities; St Edward, which offers residentially led developments, and St William.
Receive News & Stock Ratings for Berkeley Group Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berkeley Group Holdings PLC and related stocks with our FREE daily email newsletter.