Berkeley Group Holdings PLC (LON:BKG) has earned an average rating of “Hold” from the fourteen brokerages that are currently covering the company, MarketBeat reports. Five analysts have rated the stock with a sell recommendation, seven have assigned a hold recommendation and two have issued a buy recommendation on the company. The average twelve-month price objective among brokers that have updated their coverage on the stock in the last year is GBX 3,727.75 ($48.71).
Several analysts have issued reports on the company. Berenberg Bank cut their price objective on Berkeley Group from GBX 3,450 ($45.08) to GBX 3,280 ($42.86) and set a “hold” rating on the stock in a report on Monday, January 28th. UBS Group reiterated a “buy” rating on shares of Berkeley Group in a report on Wednesday, January 2nd. Shore Capital reiterated a “hold” rating on shares of Berkeley Group in a report on Friday, March 15th. Barclays upped their target price on Berkeley Group from GBX 3,873 ($50.61) to GBX 3,877 ($50.66) and gave the company an “underweight” rating in a report on Monday, February 11th. Finally, Peel Hunt reiterated an “add” rating on shares of Berkeley Group in a report on Friday, March 15th.
LON BKG traded down GBX 127 ($1.66) on Wednesday, hitting GBX 3,838 ($50.15). 452,602 shares of the company were exchanged, compared to its average volume of 641,898. The company has a current ratio of 2.60, a quick ratio of 0.74 and a debt-to-equity ratio of 11.23. The company has a market cap of $4.97 billion and a PE ratio of 8.04. Berkeley Group has a twelve month low of GBX 3,170 ($41.42) and a twelve month high of GBX 4,338 ($56.68).
Berkeley Group Company Profile
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edward, St George, St James, St Joseph, St William, Berkeley First, Berkeley Commercial, Berkeley Partnership, and Berkeley Modular brands.
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