Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Given Consensus Recommendation of “Hold” by Analysts

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) has received an average rating of “Hold” from the seven analysts that are currently covering the company, MarketBeat reports. Two analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have issued a buy recommendation on the company.

A number of brokerages have recently weighed in on BKGFY. Zacks Research upgraded Berkeley Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. Berenberg Bank downgraded Berkeley Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Kepler Capital Markets downgraded Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Finally, Royal Bank Of Canada restated an “outperform” rating on shares of Berkeley Group in a research report on Thursday, June 25th.

Berkeley Group Price Performance

Shares of OTCMKTS:BKGFY opened at $9.01 on Tuesday. The company’s fifty day moving average is $9.11 and its two-hundred day moving average is $9.98. Berkeley Group has a 12-month low of $8.09 and a 12-month high of $12.54. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.58 and a quick ratio of 0.70.

Berkeley Group Company Profile

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.