Berkeley Group Holdings PLC Given New GBX 2,550 Price Target at Credit Suisse (BKG)
Analysts at Credit Suisse increased their target price on shares of Berkeley Group Holdings PLC (LON:BKG) from GBX 2,506 ($42.54) to GBX 2,550 ($43.29) in a research report issued to clients and investors on Friday. The firm currently has a “neutral” rating on the stock. Credit Suisse’s target price indicates a potential upside of 10.10% from the company’s current price.
Shares of Berkeley Group Holdings PLC (LON:BKG) traded up 0.17% during mid-day trading on Friday, hitting GBX 2320.00. 329,822 shares of the company’s stock traded hands. Berkeley Group Holdings PLC has a 52-week low of GBX 2003.0001 and a 52-week high of GBX 2808.00. The stock’s 50-day moving average is GBX 2310. and its 200-day moving average is GBX 2499.. The company’s market cap is £3.039 billion.
The company also recently declared a dividend, which is scheduled for Friday, September 26th. Stockholders of record on Wednesday, August 20th will be given a dividend of GBX 90 ($1.53) per share. This represents a yield of 4.02%. The ex-dividend date of this dividend is Wednesday, August 20th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Liberum Capital reiterated a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Thursday. They now have a GBX 2,634 ($44.71) price target on the stock. Separately, analysts at Jefferies Group raised their price target on shares of Berkeley Group Holdings PLC from GBX 2,477 ($42.05) to GBX 2,543 ($43.17) in a research note on Thursday. They now have a “hold” rating on the stock. Finally, analysts at Shore Capital reiterated a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Wednesday. They now have a GBX 2,261 ($38.38) price target on the stock. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have given a buy rating to the company. Berkeley Group Holdings PLC presently has a consensus rating of “Hold” and an average price target of GBX 2,292.09 ($38.91).
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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