Berkeley Group Holdings PLC Rating Reiterated by Deutsche Bank (BKG)
Berkeley Group Holdings PLC (LON:BKG)‘s stock had its “hold” rating reiterated by Deutsche Bank in a research note issued on Friday. They currently have a GBX 2,877 ($48.85) price target on the stock. Deutsche Bank’s target price points to a potential upside of 17.67% from the company’s current price.
Shares of Berkeley Group Holdings PLC (LON:BKG) traded down 0.24% on Friday, hitting GBX 2445.00. 353,930 shares of the company’s stock traded hands. Berkeley Group Holdings PLC has a one year low of GBX 2003.00 and a one year high of GBX 2808.00. The stock has a 50-day moving average of GBX 2399.84 and a 200-day moving average of GBX 2476.31. The company’s market cap is £3.257 billion.
The company also recently announced a dividend, which is scheduled for Friday, September 26th. Shareholders 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 Credit Suisse reiterated a “neutral” rating on shares of Berkeley Group Holdings PLC in a research note on Tuesday, July 22nd. They now have a GBX 2,550 ($43.30) price target on the stock. Separately, analysts at Liberum Capital cut their price target on shares of Berkeley Group Holdings PLC from GBX 2,634 ($44.73) to GBX 2,613 ($44.37) in a research note on Friday, July 18th. They now have a “hold” rating on the stock. Finally, 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 ($43.18) price target on the stock. Two investment analysts have rated the stock with a sell rating, eight have issued a hold rating and three have issued a buy rating to the company’s stock. The company presently has an average rating of “Hold” and an average price target of GBX 2,317.91 ($39.36).
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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