Shares of Berkeley Group Holdings PLC (LON:BKG) have been assigned an average recommendation of “Hold” from the fifteen ratings firms that are presently covering the firm, MarketBeat reports. Three equities research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have given a buy rating to the company. The average twelve-month target price among analysts that have issued a report on the stock in the last year is GBX 3,891.50 ($50.85).
Several equities research analysts have recently commented on the company. HSBC restated a “buy” rating on shares of LVMH Moet Hennessy Louis Vuitton in a research note on Tuesday, March 26th. Numis Securities restated a “buy” rating and set a GBX 2,800 ($36.59) price target on shares of in a research note on Thursday, June 13th. Liberum Capital increased their price objective on from GBX 2,625 ($34.30) to GBX 2,750 ($35.93) and gave the stock a “buy” rating in a research report on Monday, July 1st. Jefferies Financial Group upgraded SALVATORE FERRA/ADR from an “underperform” rating to a “hold” rating in a research report on Tuesday, June 25th. Finally, UBS Group upgraded to a “neutral” rating and increased their price objective for the stock from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research report on Thursday, June 20th.
Shares of Berkeley Group stock traded down GBX 73 ($0.95) during trading hours on Tuesday, hitting GBX 3,756 ($49.08). 432,251 shares of the company were exchanged, compared to its average volume of 641,898. Berkeley Group has a 1 year low of GBX 3,170 ($41.42) and a 1 year high of GBX 3,992 ($52.16). The company has a quick ratio of 0.85, a current ratio of 2.83 and a debt-to-equity ratio of 10.12. The firm has a 50-day simple moving average of GBX 3,650.60. The firm has a market capitalization of $4.79 billion and a PE ratio of 7.99.
In other Berkeley Group news, insider Anthony W. Pidgley sold 1,000,000 shares of the company’s stock in a transaction on Thursday, July 18th. The stock was sold at an average price of GBX 3,720 ($48.61), for a total value of £37,200,000 ($48,608,388.87). Also, insider Karl Whiteman sold 31,500 shares of the company’s stock in a transaction on Friday, July 12th. The shares were sold at an average price of GBX 3,817 ($49.88), for a total value of £1,202,355 ($1,571,089.77).
About Berkeley Group
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.
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