Berkeley Group Holdings Given “Hold” Rating at Jefferies Group (BKG)
Berkeley Group Holdings (LON:BKG)‘s stock had its “hold” rating restated by Jefferies Group in a research note issued on Friday, Stock Ratings News reports. They currently have a GBX 2,018 ($32.22) price target on the stock. Jefferies Group’s price objective suggests a potential downside of 13.58% from the stock’s previous close.
BKG has been the subject of a number of other recent research reports. Analysts at Investec cut their price target on shares of Berkeley Group Holdings from GBX 40 ($0.64) to GBX 32 ($0.51) in a research note to investors on Thursday. They now have a “buy” rating on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Berkeley Group Holdings in a research note to investors on Monday. They now have a GBX 2,400 ($38.31) price target on the stock. Finally, analysts at Deutsche Bank reiterated a “hold” rating on shares of Berkeley Group Holdings in a research note to investors on Monday. They now have a GBX 2,252 ($35.95) price target on the stock. Eleven equities research analysts have rated the stock with a hold rating and five have issued a buy rating to the stock. Berkeley Group Holdings presently has a consensus rating of “Hold” and an average target price of GBX 2,158.87 ($34.46).
Shares of Berkeley Group Holdings (LON:BKG) opened at 2354.00 on Friday. Berkeley Group Holdings has a 52-week low of GBX 1452.00 and a 52-week high of GBX 2369.00. The stock’s 50-day moving average is GBX 2183.86 and its 200-day moving average is GBX 2128.. The company’s market cap is £3.085 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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