Panmure Gordon Reaffirms Hold Rating for Berkeley Group Holdings PLC (BKG)
Berkeley Group Holdings PLC (LON:BKG)‘s stock had its “hold” rating reiterated by analysts at Panmure Gordon in a research report issued to clients and investors on Monday. They currently have a GBX 2,390 ($39.66) price objective on the stock. Panmure Gordon’s price objective indicates a potential downside of 0.33% from the company’s current price.
Berkeley Group Holdings PLC (LON:BKG) opened at 2391.76 on Monday. Berkeley Group Holdings PLC has a 52-week low of GBX 2003.0001 and a 52-week 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 £3.186 billion.
Other equities research analysts have also recently issued reports about the stock. 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. Separately, analysts at Deutsche Bank reiterated a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Friday, August 22nd. Finally, analysts at Numis Securities Ltd reiterated a “buy” rating on shares of Berkeley Group Holdings PLC in a research note on Wednesday, August 20th. They now have a GBX 35 ($0.58) 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 assigned a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus target price of GBX 2,043.10 ($33.90).
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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