Berkeley Group Holdings’s Overweight Rating Reaffirmed at JPMorgan Chase & Co. (BKG)
Berkeley Group Holdings (LON:BKG)‘s stock had its “overweight” rating reiterated by stock analysts at JPMorgan Chase & Co. in a report issued on Monday, Analyst Ratings Network reports. They currently have a GBX 2,500 ($40.34) target price on the stock. JPMorgan Chase & Co.’s price objective suggests a potential upside of 21.71% from the stock’s previous close.
Other equities research analysts have also recently issued reports about the stock. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Berkeley Group Holdings (LON:BKG) in a research note to investors on Monday, September 23rd. They now have a GBX 2,252 ($36.33) price target on the stock. Nine research analysts have rated the stock with a hold rating and six have assigned a buy rating to the stock. Berkeley Group Holdings has an average rating of “Hold” and a consensus price target of GBX 2,127.51 ($34.33).
Shares of Berkeley Group Holdings (LON:BKG) opened at 2060.00 on Monday. 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 £2.699 billion.
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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