Berkeley Group Holdings Stock Rating Reaffirmed by Davy Research (BKG)
Berkeley Group Holdings (LON:BKG)‘s stock had its “underperform” rating reiterated by investment analysts at Davy Research in a note issued to investors on Monday, American Banking News reports.
A number of other analysts have also recently weighed in on BKG. Analysts at Liberum Capital reiterated a “hold” rating on shares of Berkeley Group Holdings in a research note to investors on Friday. They now have a GBX 2,634 ($43.41) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Berkeley Group Holdings in a research note to investors on Wednesday, January 8th. They now have a GBX 2,587 ($42.63) price target on the stock. Finally, analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Berkeley Group Holdings in a research note to investors on Tuesday, January 7th. They now have a GBX 2,445 ($40.29) price target on the stock. One research analyst has rated the stock with a sell rating, eleven have given a hold rating and five have issued a buy rating to the company. The company presently has a consensus rating of “Hold” and an average target price of GBX 2,279.01 ($37.56).
Shares of Berkeley Group Holdings (LON:BKG) traded down 1.76% on Monday, hitting GBX 2679.00. 150,255 shares of the company’s stock traded hands. Berkeley Group Holdings has a 52-week low of GBX 1761.28 and a 52-week high of GBX 2742.24. The stock has a 50-day moving average of GBX 2514.91 and a 200-day moving average of GBX 2297.. The company’s market cap is £3.509 billion.
The company also recently declared a dividend, which is scheduled for Friday, January 17th. Shareholders of record on Wednesday, December 18th will be given a dividend of GBX 90 ($1.48) per share. This represents a yield of 3.54%. The ex-dividend date of this dividend is Wednesday, December 18th.
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.
Get Analysts' Upgrades and Downgrades via Email - Stay on top of analysts' coverage with Analyst Ratings Network's FREE daily email newsletter that provides a concise list of analysts' upgrades and downgrades. Click here to register now.