Deutsche Bank Reiterates Hold Rating for Berkeley Group Holdings PLC (BKG)
Berkeley Group Holdings PLC (LON:BKG)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a report released on Thursday, AnalystRatings.NET reports. They currently have a GBX 2,587 ($43.45) price objective on the stock. Deutsche Bank’s price objective would suggest a potential upside of 12.14% from the stock’s previous close.
BKG has been the subject of a number of other recent research reports. Analysts at Numis Securities Ltd initiated coverage on shares of Berkeley Group Holdings PLC in a research note on Tuesday. They set a “buy” rating on the stock. Separately, analysts at Liberum Capital reiterated a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Monday, March 24th. They now have a GBX 2,634 ($44.24) price target on the stock. Finally, analysts at Beaufort Securities reiterated a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Wednesday, March 19th. Two analysts have rated the stock with a sell rating, eight have assigned a hold rating and five have issued a buy rating to the company’s stock. The company has an average rating of “Hold” and an average target price of GBX 2,299.63 ($38.62).
Shares of Berkeley Group Holdings PLC (LON:BKG) traded down 2.12% during mid-day trading on Thursday, hitting GBX 2307.00. 528,643 shares of the company’s stock traded hands. Berkeley Group Holdings PLC has a 52-week low of GBX 2003.00 and a 52-week high of GBX 2808.00. The stock’s 50-day moving average is GBX 2534.57 and its 200-day moving average is GBX 2498.10. The company’s market cap is £3.022 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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