Berkeley Group Holdings Given Hold Rating at Davy Research (BKG)
Berkeley Group Holdings (LON:BKG)‘s stock had its “hold” rating reaffirmed by analysts at Davy Research in a research report issued to clients and investors on Friday, American Banking News reports. They currently have a GBX 2,252 ($36.33) target price on the stock. Davy Research’s target price would suggest a potential upside of 5.93% from the stock’s previous close.
Shares of Berkeley Group Holdings (LON:BKG) opened at 2101.00 on Friday. Berkeley Group Holdings has a 52-week low of GBX 1380.00 and a 52-week 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 £2.753 billion.
A number of other firms have also recently commented on BKG. Analysts at Deutsche Bank reiterated a “hold” rating on shares of Berkeley Group Holdings (LON:BKG) in a research note to investors on Friday. They now have a GBX 2,252 ($36.33) price target on the stock. Separately, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Berkeley Group Holdings (LON:BKG) in a research note to investors on Tuesday. They now have a GBX 2,215 ($35.74) price target on the stock. Finally, analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Berkeley Group Holdings (LON:BKG) in a research note to investors on Monday. They now have a GBX 2,500 ($40.34) price target on the stock. Ten research analysts have rated the stock with a hold rating and six have issued a buy rating to the stock. Berkeley Group Holdings currently has a consensus rating of “Hold” and an average price target of GBX 2,137.09 ($34.48).
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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