Berkeley Gp Hldgs (OTCMKTS:BKGFY) was downgraded by Zacks Investment Research from a “buy” rating to a “hold” rating in a research report issued to clients and investors on Tuesday.
According to Zacks, “The Berkeley Group Holdings plc engages in residential-led property development focusing on urban regeneration and mixed-use developments in the United Kingdom. It operates under the following brands: Berkeley, St. James, St. George and St. Edward. The Berkeley Group Holdings plc is headquartered in Cobham, the United Kingdom. “
Shares of Berkeley Gp Hldgs (OTCMKTS BKGFY) traded down $3.09 during trading hours on Tuesday, hitting $52.53. The stock had a trading volume of 500 shares, compared to its average volume of 517. The company has a debt-to-equity ratio of 0.12, a quick ratio of 0.64 and a current ratio of 2.49. Berkeley Gp Hldgs has a fifty-two week low of $35.13 and a fifty-two week high of $58.60.
ILLEGAL ACTIVITY WARNING: This piece of content was first published by American Banking News and is the property of of American Banking News. If you are viewing this piece of content on another site, it was copied illegally and reposted in violation of US and international copyright laws. The legal version of this piece of content can be read at https://www.americanbankingnews.com/2018/02/13/zacks-investment-research-lowers-berkeley-gp-hldgs-bkgfy-to-hold.html.
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. The company builds homes, neighbourhoods, communities, luxury homes, and affordable housing for families, first time buyers, students, and senior people in London and the south of England markets.
For more information about research offerings from Zacks Investment Research, visit Zacks.com
Receive News & Ratings for Berkeley Gp Hldgs Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berkeley Gp Hldgs and related companies with MarketBeat.com's FREE daily email newsletter.