Berkeley Group Holdings’s “Hold” Rating Reaffirmed at Deutsche Bank (BKG)
Berkeley Group Holdings (LON:BKG)‘s stock had its “hold” rating restated by stock analysts at Deutsche Bank in a report issued on Friday, American Banking & Market News reports. They currently have a GBX 2,587 ($42.63) target price on the stock.
A number of other analysts have also recently weighed in on BKG. Analysts at Jefferies Group raised their price target on shares of Berkeley Group Holdings from GBX 2,459 ($40.52) to GBX 2,477 ($40.81) in a research note to investors on Friday. They now have a “hold” rating on the stock. Separately, analysts at Davy Research reiterated an “underperform” rating on shares of Berkeley Group Holdings in a research note to investors on Monday, January 13th. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Berkeley Group Holdings in a research note to investors on Friday, January 10th. They now have a GBX 2,634 ($43.40) price target on the stock. One equities 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. Berkeley Group Holdings has an average rating of “Hold” and a consensus target price of GBX 2,284.66 ($37.64).
Shares of Berkeley Group Holdings (LON:BKG) opened at 2587.00 on Friday. Berkeley Group Holdings has a one year low of GBX 1782.297 and a one year high of GBX 2739.00. The stock’s 50-day moving average is GBX 2587. and its 200-day moving average is GBX 2333.34. The company’s market cap is £3.389 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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