Berkeley Group Holdings PLC (LON:BKG) had its target price raised by Credit Suisse Group from GBX 2,162 ($27.92) to GBX 2,985 ($38.55) in a research note released on Monday. The brokerage currently has an underperform rating on the stock.

A number of other equities research analysts have also weighed in on the company. Barclays PLC raised their price objective on Berkeley Group Holdings PLC from GBX 3,175 ($41.00) to GBX 3,628 ($46.86) and gave the company an equal weight rating in a research note on Thursday, July 13th. HSBC Holdings plc raised their price objective on Berkeley Group Holdings PLC from GBX 3,481 ($44.96) to GBX 3,789 ($48.93) and gave the company a buy rating in a research note on Wednesday, July 19th. Deutsche Bank AG restated a buy rating and set a GBX 3,604 ($46.55) price objective on shares of Berkeley Group Holdings PLC in a research note on Tuesday, June 13th. Shore Capital restated a hold rating on shares of Berkeley Group Holdings PLC in a research note on Wednesday, June 21st. Finally, J P Morgan Chase & Co restated an overweight rating and set a GBX 3,600 ($46.49) price objective on shares of Berkeley Group Holdings PLC in a research note on Thursday, June 22nd. Two investment analysts have rated the stock with a sell rating, four have given a hold rating and nine have assigned a buy rating to the stock. The stock currently has an average rating of Hold and a consensus target price of GBX 3,564.46 ($46.03).

Berkeley Group Holdings PLC (LON BKG) opened at 3535.00 on Monday. The company has a 50-day moving average price of GBX 3,618.25 and a 200-day moving average price of GBX 3,313.37. Berkeley Group Holdings PLC has a one year low of GBX 2,286.00 and a one year high of GBX 3,765.00. The firm’s market capitalization is GBX 4.85 billion.

Berkeley Group Holdings PLC (LON:BKG) last issued its quarterly earnings data on Wednesday, June 21st. The company reported $4.51 earnings per share for the quarter, beating analysts’ consensus estimates of $4.33 by $0.18. Berkeley Group Holdings PLC had a return on equity of 32.51% and a net margin of 25.54%. On average, equities research analysts anticipate that Berkeley Group Holdings PLC will post $418.95 EPS for the current year.

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In related news, insider Glyn Barker sold 900 shares of the business’s stock in a transaction that occurred on Friday, September 8th. The stock was sold at an average price of GBX 3,576 ($46.18), for a total transaction of £32,184 ($41,565.28). Also, insider Robert C. G. Perrins sold 500,000 shares of the business’s stock in a transaction that occurred on Thursday, September 7th. The shares were sold at an average price of GBX 3,575 ($46.17), for a total value of £17,875,000 ($23,085,367.43).

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.

Analyst Recommendations for Berkeley Group Holdings PLC (LON:BKG)

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