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

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) has earned a consensus rating of “Hold” from the seven research firms that are presently covering the firm, MarketBeat reports. Two equities research analysts have rated the stock with a sell recommendation, two have issued a hold recommendation, one has assigned a buy recommendation and two have assigned a strong buy recommendation to the company.

Several brokerages recently commented on BKGFY. Jefferies Financial Group raised shares of Berkeley Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Zacks Research upgraded shares of Berkeley Group from a “hold” rating to a “strong-buy” rating in a report on Thursday, February 5th. Citigroup reissued a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. Finally, Royal Bank Of Canada restated an “underperform” rating on shares of Berkeley Group in a report on Thursday, December 11th.

Berkeley Group Price Performance

Shares of BKGFY stock opened at $9.10 on Friday. The firm’s 50-day simple moving average is $11.04 and its 200-day simple moving average is $10.62. The company has a current ratio of 3.54, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19. Berkeley Group has a 1-year low of $9.01 and a 1-year high of $12.54.

About Berkeley Group

Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.