Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Given Consensus Recommendation of “Hold” by Brokerages

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have been assigned a consensus recommendation of “Hold” from the seven research firms that are currently covering the firm, Marketbeat.com reports. Two research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, one has issued a buy recommendation and two have issued a strong buy recommendation on the company.

BKGFY has been the topic of several research analyst reports. Zacks Research upgraded shares of Berkeley Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. Jefferies Financial Group raised Berkeley Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Citigroup restated a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. Finally, Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Berkeley Group in a report on Thursday, December 11th.

Berkeley Group Trading Up 0.8%

Shares of BKGFY stock opened at $9.17 on Friday. Berkeley Group has a 1 year low of $8.99 and a 1 year high of $12.54. The firm’s fifty day simple moving average is $10.97 and its 200 day simple moving average is $10.61. The company has a quick ratio of 0.65, a current ratio of 3.54 and a debt-to-equity ratio of 0.19.

About Berkeley Group

Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.