Berkeley Group Holdings PLC (LON:BKG) had its target price upped by J P Morgan Chase & Co from GBX 3,600 ($47.75) to GBX 4,000 ($53.06) in a research report report published on Friday morning. The firm currently has an overweight rating on the stock.

A number of other analysts have also issued reports on the company. Barclays PLC increased their target price on Berkeley Group Holdings PLC from GBX 3,175 ($42.11) to GBX 3,628 ($48.12) and gave the company an equal weight rating in a report on Thursday, July 13th. HSBC Holdings plc lifted their price target on Berkeley Group Holdings PLC from GBX 3,481 ($46.17) to GBX 3,789 ($50.26) and gave the company a buy rating in a report on Wednesday, July 19th. Bank of America Corporation reiterated an underperform rating and set a GBX 2,850 ($37.80) price target on shares of Berkeley Group Holdings PLC in a report on Tuesday, September 12th. Peel Hunt reissued a buy rating and set a GBX 4,390 ($58.23) price target on shares of Berkeley Group Holdings PLC in a research report on Wednesday, September 6th. Finally, Credit Suisse Group reissued an underperform rating and set a GBX 2,162 ($28.68) price target on shares of Berkeley Group Holdings PLC in a research report on Friday, June 30th. Two research analysts have rated the stock with a sell rating, four have issued a hold rating and nine have issued a buy rating to the company’s stock. The company presently has a consensus rating of Hold and an average price target of GBX 3,616 ($47.96).

Berkeley Group Holdings PLC (LON BKG) opened at 3762.00 on Friday. The company’s 50-day moving average price is GBX 3,640.36 and its 200 day moving average price is GBX 3,383.19. Berkeley Group Holdings PLC has a 52-week low of GBX 2,286.00 and a 52-week high of GBX 3,819.00. The stock’s market capitalization is GBX 5.17 billion.

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In related news, insider Glyn Barker sold 900 shares of Berkeley Group Holdings PLC stock in a transaction on Friday, September 8th. The shares were sold at an average price of GBX 3,576 ($47.43), for a total value of £32,184 ($42,690.01). Also, insider Richard Stearn sold 10,030 shares of the company’s stock in a transaction on Monday, October 2nd. The stock was sold at an average price of GBX 3,754 ($49.79), for a total transaction of £376,526.20 ($499,437.86). Insiders sold 510,930 shares of company stock worth $1,828,371,020 in the last 90 days.

About Berkeley Group Holdings PLC

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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