Berkeley Group Holdings PLC (LON:BKG) has earned an average recommendation of “Buy” from the fourteen research firms that are presently covering the stock, MarketBeat Ratings reports. One equities research analyst has rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The average twelve-month target price among brokers that have updated their coverage on the stock in the last year is GBX 3,555.42 ($45.92).

Several brokerages recently commented on BKG. Liberum Capital reissued a “hold” rating and issued a GBX 3,317 ($42.84) price target on shares of Berkeley Group Holdings PLC in a report on Wednesday. Peel Hunt reaffirmed a “buy” rating and set a GBX 4,390 ($56.70) target price on shares of Berkeley Group Holdings PLC in a report on Wednesday. Deutsche Bank AG reaffirmed a “buy” rating and set a GBX 3,908 ($50.47) target price on shares of Berkeley Group Holdings PLC in a report on Friday, September 1st. HSBC Holdings plc upped their target price on shares of Berkeley Group Holdings PLC from GBX 3,481 ($44.96) to GBX 3,789 ($48.93) and gave the stock a “buy” rating in a report on Wednesday, July 19th. Finally, Barclays PLC upped their target price on shares of Berkeley Group Holdings PLC from GBX 3,175 ($41.00) to GBX 3,628 ($46.86) and gave the stock an “equal weight” rating in a report on Thursday, July 13th.

Shares of Berkeley Group Holdings PLC (BKG) traded down 3.43% during mid-day trading on Friday, hitting GBX 3573.00. 939,511 shares of the stock were exchanged. The stock’s 50-day moving average price is GBX 3,607.95 and its 200-day moving average price is GBX 3,302.45. Berkeley Group Holdings PLC has a 52-week low of GBX 2,286.00 and a 52-week high of GBX 3,765.00. The company’s market cap is GBX 4.91 billion.

Berkeley Group Holdings PLC (LON:BKG) last issued its quarterly earnings results on Wednesday, June 21st. The company reported $4.51 EPS for the quarter, topping the consensus estimate of $4.33 by $0.18. Berkeley Group Holdings PLC had a net margin of 25.54% and a return on equity of 32.51%. Equities research analysts anticipate that Berkeley Group Holdings PLC will post $418.95 earnings per share for the current fiscal year.

In other Berkeley Group Holdings PLC news, insider Glyn Barker sold 900 shares of the company’s stock in a transaction dated Friday, September 8th. The shares were sold at an average price of GBX 3,576 ($46.18), for a total value of £32,184 ($41,565.28). Also, insider Robert C. G. Perrins sold 500,000 shares of the company’s stock in a transaction dated Thursday, September 7th. The shares were sold at an average price of GBX 3,575 ($46.17), for a total transaction of £17,875,000 ($23,085,367.43).

WARNING: This news story was published by American Banking News and is the sole property of of American Banking News. If you are accessing this news story on another site, it was stolen and reposted in violation of U.S. & international copyright laws. The correct version of this news story can be read at https://www.americanbankingnews.com/2017/09/09/berkeley-group-holdings-plc-bkg-given-average-rating-of-buy-by-brokerages.html.

About Berkeley Group Holdings PLC

The Berkeley Group Holdings plc is a holding company. The Company, along with its subsidiaries, is engaged in residential-led, mixed-use property development. Its segments include Residential-led mixed-use development and Other activities. Its brands include Berkeley, which creates medium to large-scale developments in towns, cities and the countryside, encompassing executive homes, mixed use schemes, riverside apartments, refurbished historic buildings and urban loft spaces; St George, which is involved in mixed use sustainable regeneration in London; St James, which handles projects that embrace private residential development, commercial property, recreational and community facilities; St Edward, which offers residentially led developments, and St William.

Analyst Recommendations for Berkeley Group Holdings PLC (LON:BKG)

Receive News & Ratings for Berkeley Group Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berkeley Group Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.