Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Receives Average Recommendation of “Hold” from Brokerages

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have earned a consensus rating of “Hold” from the eight brokerages that are currently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell recommendation, three have given a hold recommendation, one has issued a buy recommendation and two have issued a strong buy recommendation on the company.

A number of brokerages recently commented on BKGFY. Royal Bank Of Canada reiterated an “underperform” rating on shares of Berkeley Group in a report on Thursday, December 11th. Jefferies Financial Group upgraded Berkeley Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 3rd. Zacks Research downgraded shares of Berkeley Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 29th. The Goldman Sachs Group initiated coverage on shares of Berkeley Group in a report on Monday, November 24th. They set a “sell” rating for the company. Finally, Citigroup reaffirmed a “neutral” rating on shares of Berkeley Group in a research report on Tuesday.

Berkeley Group Stock Performance

Shares of OTCMKTS BKGFY opened at $10.54 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.61 and a current ratio of 3.36. The stock’s 50 day moving average price is $10.35 and its 200-day moving average price is $10.27. Berkeley Group has a twelve month low of $8.48 and a twelve month high of $12.35.

About Berkeley Group

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.