Berkeley Group (OTCMKTS:BKGFY) Upgraded at Royal Bank Of Canada

Royal Bank Of Canada upgraded shares of Berkeley Group (OTCMKTS:BKGFY) from a strong sell rating to a hold rating in a research report released on Wednesday morning,Zacks.com reports.

BKGFY has been the subject of several other research reports. Jefferies Financial Group upgraded shares of Berkeley Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 3rd. Zacks Research upgraded shares of Berkeley Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. Finally, Citigroup reissued a “neutral” rating on shares of Berkeley Group in a research report on Tuesday, December 16th. Two equities research analysts have rated the stock with a Strong Buy rating, one has assigned a Buy rating, three have assigned a Hold rating and one has assigned a Sell rating to the stock. Based on data from MarketBeat.com, the stock has an average rating of “Moderate Buy”.

Berkeley Group Price Performance

Shares of Berkeley Group stock opened at $8.26 on Wednesday. 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 52 week low of $8.09 and a 52 week high of $12.54. The firm’s 50 day moving average is $10.80 and its two-hundred day moving average is $10.57.

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.