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

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) has been assigned an average recommendation of “Reduce” from the six research firms that are currently covering the stock, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating and one has assigned a buy rating to the company.

A number of research firms have recently weighed in on BKGFY. Royal Bank Of Canada raised Berkeley Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 1st. Zacks Research downgraded Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Monday, May 11th.

Berkeley Group Stock Performance

BKGFY stock opened at $8.97 on Monday. The business’s fifty day moving average is $9.07 and its 200-day moving average is $10.21. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 0.65. Berkeley Group has a twelve month low of $8.09 and a twelve month high of $12.54.

Berkeley Group Company Profile

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.