Shares of Berkeley Group Holdings PLC (LON:BKG) have earned an average recommendation of “Hold” from the fifteen analysts that are covering the stock, MarketBeat reports. Two investment analysts have rated the stock with a sell recommendation, four have issued a hold recommendation and nine have given a buy recommendation to the company. The average 1-year price target among brokerages that have covered the stock in the last year is GBX 3,616 ($47.96).

A number of equities analysts have recently commented on BKG shares. Liberum Capital reissued a “hold” rating and issued a GBX 3,169 ($42.03) target price on shares of Berkeley Group Holdings PLC in a research note on Wednesday, June 21st. J P Morgan Chase & Co lifted their target price on shares of Berkeley Group Holdings PLC from GBX 3,600 ($47.75) to GBX 4,000 ($53.06) and gave the company an “overweight” rating in a report on Friday, September 29th. Barclays PLC upped their price target on shares of Berkeley Group Holdings PLC from GBX 3,175 ($42.11) to GBX 3,628 ($48.12) and gave the stock an “equal weight” rating in a research report on Thursday, July 13th. Shore Capital reaffirmed a “hold” rating on shares of Berkeley Group Holdings PLC in a research report on Wednesday, June 21st. Finally, Deutsche Bank AG increased their price target on Berkeley Group Holdings PLC from GBX 3,746 ($49.69) to GBX 3,908 ($51.84) and gave the company a “buy” rating in a report on Thursday, August 17th.

Berkeley Group Holdings PLC (LON BKG) traded up 0.18% during midday trading on Wednesday, reaching GBX 3805.00. The company’s stock had a trading volume of 516,069 shares. The company has a 50 day moving average of GBX 3,645.14 and a 200-day moving average of GBX 3,387.83. Berkeley Group Holdings PLC has a 1-year low of GBX 2,286.00 and a 1-year high of GBX 3,819.00. The company’s market capitalization is GBX 5.22 billion.

In related news, insider Robert C. G. Perrins sold 500,000 shares of the firm’s stock in a transaction on Thursday, September 7th. The shares were sold at an average price of GBX 3,575 ($47.42), for a total transaction of £17,875,000 ($23,710,041.12). Also, insider Glyn Barker sold 900 shares of Berkeley Group Holdings PLC stock in a transaction on Friday, September 8th. The stock was sold at an average price of GBX 3,576 ($47.43), for a total transaction of £32,184 ($42,690.01). Insiders sold 510,930 shares of company stock valued at $1,828,371,020 over the last 90 days.

WARNING: This piece was posted by American Banking News and is the property of of American Banking News. If you are accessing this piece on another website, it was illegally stolen and reposted in violation of United States & international trademark & copyright law. The legal version of this piece can be accessed at https://www.americanbankingnews.com/2017/10/04/berkeley-group-holdings-plc-bkg-receives-consensus-recommendation-of-hold-from-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.