The Berkeley Group Holdings plc (LON:BKG – Get Free Report) passed above its 200-day moving average during trading on Monday. The stock has a 200-day moving average of GBX 3,559.69 and traded as high as GBX 3,648. The Berkeley Group shares last traded at GBX 3,640, with a volume of 122,352 shares traded.
Analysts Set New Price Targets
Separately, Jefferies Financial Group restated a “buy” rating and set a GBX 4,301 target price on shares of The Berkeley Group in a research note on Friday, October 16th. Four analysts have rated the stock with a Buy rating, two have given a Hold rating and one has assigned a Sell rating to the stock. According to MarketBeat, the company has a consensus rating of “Hold” and a consensus target price of GBX 8,690.71.
View Our Latest Analysis on The Berkeley Group
The Berkeley Group Stock Performance
The firm has a market cap of £3.42 billion, a P/E ratio of 11.39, a P/E/G ratio of -0.87 and a beta of 1.18. The company has a debt-to-equity ratio of 18.24, a quick ratio of 0.57 and a current ratio of 3.58. The business’s 50-day simple moving average is GBX 3,381.80 and its 200 day simple moving average is GBX 3,557.75.
Insider Buying and Selling at The Berkeley Group
In other news, insider Richard Stearn bought 1,128 shares of the stock in a transaction on Tuesday, August 11th. The shares were bought at an average price of GBX 3,526 per share, with a total value of £39,773.28. Also, insider Neil Eady bought 3,405 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was purchased at an average cost of GBX 3,515 per share, for a total transaction of £119,685.75. Insiders purchased 5,097 shares of company stock valued at $17,931,747 in the last ninety days. 8.42% of the stock is currently owned by corporate insiders.
About The Berkeley Group
At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.
Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.
We specialise in brownfield regeneration, working closely with local communities and councils to revive underused land and create homes where they are needed most.
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