Berkeley Group Holdings PLC Given “Hold” Rating at Deutsche Bank (BKG)
Berkeley Group Holdings PLC (LON:BKG)‘s stock had its “hold” rating reiterated by equities research analysts at Deutsche Bank in a research note issued to investors on Monday. They currently have a GBX 2,877 ($49.16) price objective on the stock. Deutsche Bank’s price objective indicates a potential upside of 19.88% from the stock’s previous close.
A number of other analysts have also recently weighed in on BKG. Analysts at Liberum Capital cut their price target on shares of Berkeley Group Holdings PLC from GBX 2,634 ($45.01) to GBX 2,613 ($44.65) in a research note on Friday. They now have a “hold” rating on the stock. Separately, analysts at Jefferies Group reiterated a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Thursday, July 3rd. They now have a GBX 2,543 ($43.46) price target on the stock. Finally, 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 ($44.00) price target on the stock. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 2,317.91 ($39.61).
Berkeley Group Holdings PLC (LON:BKG) traded down 2.32% on Monday, hitting GBX 2400.00. 388,987 shares of the company’s stock traded hands. Berkeley Group Holdings PLC has a 1-year low of GBX 2003.0001 and a 1-year high of GBX 2808.00. The stock has a 50-day moving average of GBX 2365.56 and a 200-day moving average of GBX 2484.62. The company’s market cap is £3.197 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 26th. Investors of record on Wednesday, August 20th will be paid a dividend of GBX 90 ($1.54) per share. This represents a dividend yield of 4.02%. The ex-dividend date is Wednesday, August 20th.
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.