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

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) has been given an average rating of “Reduce” by the six research firms that are covering the stock, Marketbeat.com reports. Two investment analysts have rated the stock with a sell rating, three have given a hold rating and one has issued a buy rating on the company.

A number of research analysts have commented on BKGFY shares. Royal Bank Of Canada upgraded Berkeley Group from a “strong sell” rating to a “hold” rating in a research note on Wednesday, April 1st. Zacks Research cut Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Monday, May 11th.

Berkeley Group Stock Performance

Shares of BKGFY opened at $8.57 on Monday. The stock’s 50-day moving average is $9.26 and its two-hundred day moving average is $10.27. 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 0.19, a quick ratio of 0.65 and a current ratio of 3.54.

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.