Deutsche Bank Reiterates Hold Rating for Berkeley Group Holdings PLC (BKG)
Berkeley Group Holdings PLC (LON:BKG)‘s stock had its “hold” rating restated by research analysts at Deutsche Bank in a report released on Monday. They currently have a GBX 2,877 ($47.74) target price on the stock. Deutsche Bank’s target price suggests a potential upside of 19.97% from the company’s current price.
A number of other analysts have also recently weighed in on BKG. Analysts at JPMorgan Chase & Co. reiterated an “overweight” rating on shares of Berkeley Group Holdings PLC in a research note on Monday. Separately, analysts at Panmure Gordon reiterated a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Monday. They now have a GBX 2,390 ($39.66) price target on the stock. Finally, analysts at Liberum Capital reiterated a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Monday. They now have a GBX 2,613 ($43.36) price target on the stock. Two analysts have rated the stock with a sell rating, eight have given a hold rating and three have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and an average price target of GBX 2,043.10 ($33.90).
Shares of Berkeley Group Holdings PLC (LON:BKG) opened at 2392.30 on Monday. Berkeley Group Holdings PLC has a one year low of GBX 2003.0001 and a one year high of GBX 2808.00. The stock’s 50-day moving average is GBX 2453. and its 200-day moving average is GBX 2458.. The company’s market cap is £3.187 billion.
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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