Berkeley Group Holdings PLC Given Hold Rating at Jefferies Group (BKG)
Berkeley Group Holdings PLC (LON:BKG)‘s stock had its “hold” rating reiterated by Jefferies Group in a research note issued on Thursday. They currently have a GBX 2,543 ($43.31) price target on the stock. Jefferies Group’s price target would suggest a potential upside of 3.08% from the stock’s previous close.
Berkeley Group Holdings PLC (LON:BKG) opened at 2463.8999 on Thursday. Berkeley Group Holdings PLC has a 52 week low of GBX 2003.0001 and a 52 week high of GBX 2808.00. The stock has a 50-day moving average of GBX 2308. and a 200-day moving average of GBX 2495.68. The company’s market cap is £3.282 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 26th. Stockholders of record on Wednesday, August 20th will be paid a dividend of GBX 90 ($1.53) per share. This represents a dividend yield of 4.02%. The ex-dividend date is Wednesday, August 20th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. reiterated a “neutral” rating on shares of Berkeley Group Holdings PLC in a research note on Friday, June 27th. They now have a GBX 2,575 ($43.86) price target on the stock. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Tuesday, June 24th. They now have a GBX 2,877 ($49.00) price target on the stock. Finally, analysts at Credit Suisse raised their price target on shares of Berkeley Group Holdings PLC from GBX 2,506 ($42.68) to GBX 2,550 ($43.43) in a research note on Friday, June 20th. They now have a “neutral” rating on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have given a buy rating to the company’s stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 2,319.82 ($39.51).
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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