Deutsche Bank Reaffirms “Hold” Rating for Berkeley Group Holdings PLC (BKG)
Shares of Berkeley Group Holdings PLC (LON:BKG) remained flat at GBX 2479.00 during trading on Friday. 109,223 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 has a 50-day moving average of GBX 2451. and a 200-day moving average of GBX 2461.06. The company’s market cap is £3.302 billion.
A number of other firms have also recently commented on BKG. Analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Berkeley Group Holdings PLC in a research note on Wednesday. They now have a GBX 35 ($0.59) price target on the stock. Separately, 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 ($42.63) price target on the stock. Finally, analysts at Liberum Capital cut their price target on shares of Berkeley Group Holdings PLC from GBX 2,634 ($44.03) to GBX 2,613 ($43.68) in a research note on Friday, July 18th. They now have a “hold” rating on the stock. Two equities research analysts have rated the stock with a sell rating, eight have assigned a hold rating and three have issued a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus target price of GBX 2,016.40 ($33.71).
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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