Berkeley Group Holdings Receives Hold Rating from Deutsche Bank (BKG)
Berkeley Group Holdings (LON:BKG)‘s stock had its “hold” rating reaffirmed by analysts at Deutsche Bank in a research report issued to clients and investors on Monday, Analyst Ratings.Net reports. They currently have a GBX 2,252 ($36.07) price target on the stock. Deutsche Bank’s price target indicates a potential upside of 11.76% from the stock’s previous close.
Berkeley Group Holdings (LON:BKG) traded down 1.37% during mid-day trading on Monday, hitting GBX 2015.00. The stock had a trading volume of 430,157 shares. Berkeley Group Holdings has a 1-year low of GBX 1380.00 and a 1-year high of GBX 2369.00. The stock has a 50-day moving average of GBX 2183.86 and a 200-day moving average of GBX 2128.. The company’s market cap is £2.640 billion.
BKG has been the subject of a number of other recent research reports. Analysts at Beaufort Securities reiterated a “hold” rating on shares of Berkeley Group Holdings (LON:BKG) in a research note to investors on Tuesday, September 3rd. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Berkeley Group Holdings (LON:BKG) in a research note to investors on Monday, September 2nd. They now have a GBX 2,215 ($35.48) price target on the stock. Finally, analysts at Panmure Gordon raised their price target on shares of Berkeley Group Holdings (LON:BKG) from GBX 2,046 ($32.77) to GBX 2,150 ($34.44) in a research note to investors on Monday, September 2nd. They now have a “hold” rating on the stock.
Nine investment analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. The stock has an average rating of “Hold” and an average price target of GBX 2,127.51 ($34.08).
The Berkeley Group Holdings plc is a holding company. The Company is engaged in residential-led property development focusing on urban regeneration and mixed-use developments.
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