Berkeley Group (LON:BKG) Earns Add Rating from Peel Hunt
Peel Hunt reaffirmed their add rating on shares of Berkeley Group (LON:BKG) in a report issued on Monday, Stock Target Advisor reports.
A number of other analysts have also recently weighed in on BKG. Shore Capital reiterated a hold rating on shares of Berkeley Group in a research note on Monday, October 21st. Jefferies Financial Group reiterated a buy rating and set a GBX 4,856 ($63.45) price target (up previously from GBX 4,391 ($57.38)) on shares of Berkeley Group in a research note on Friday, September 27th. UBS Group reiterated a buy rating on shares of Berkeley Group in a research note on Thursday, September 19th. Deutsche Bank assumed coverage on shares of Berkeley Group in a research note on Wednesday, September 4th. They set a sell rating and a GBX 3,428 ($44.79) price target for the company. Finally, Liberum Capital reiterated a hold rating on shares of Berkeley Group in a research note on Wednesday, October 30th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and three have assigned a buy rating to the company. Berkeley Group has an average rating of Hold and an average target price of GBX 3,927.36 ($51.32).
LON:BKG traded down GBX 53 ($0.69) during trading hours on Monday, reaching GBX 4,529 ($59.18). 363,945 shares of the company’s stock were exchanged, compared to its average volume of 641,898. The firm has a market capitalization of $5.70 billion and a price-to-earnings ratio of 9.64. The company has a 50-day moving average of GBX 4,369.36 and a 200 day moving average of GBX 3,930.44. The company has a quick ratio of 0.85, a current ratio of 2.83 and a debt-to-equity ratio of 10.12. Berkeley Group has a 1-year low of GBX 3,170 ($41.42) and a 1-year high of GBX 4,629 ($60.49).
Berkeley Group Company Profile
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edward, St George, St James, St Joseph, St William, Berkeley First, Berkeley Commercial, Berkeley Partnership, and Berkeley Modular brands.
Further Reading: What is an inverted yield curve?
Receive News & Ratings for Berkeley Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berkeley Group and related companies with MarketBeat.com's FREE daily email newsletter.