Berkeley Group Holdings (LON:BKG)‘s stock had its “overweight” rating restated by investment analysts at JPMorgan Chase & Co. in a note issued to investors on Thursday, AnalystRatings.Net reports. They currently have a GBX 2,800 ($45.78) price target on the stock. JPMorgan Chase & Co.’s price target suggests a potential upside of 11.78% from the company’s current price.
Shares of Berkeley Group Holdings (LON:BKG) opened at 2500.00 on Thursday. Berkeley Group Holdings has a 52 week low of GBX 1699.00 and a 52 week high of GBX 2589.00. The stock has a 50-day moving average of GBX 2345.91 and a 200-day moving average of GBX 2219.. The company’s market cap is £3.276 billion.
The company also recently announced a dividend, which is scheduled for Friday, January 17th. Stockholders of record on Wednesday, December 18th will be paid a dividend of GBX 90 ($1.47) per share. This represents a dividend yield of 3.54%. The ex-dividend date is Wednesday, December 18th.
Other equities research analysts have also recently issued reports about the stock. Analysts at Citigroup Inc. raised their price target on shares of Berkeley Group Holdings from GBX 2,375 ($38.83) to GBX 2,445 ($39.98) in a research note to investors on Wednesday. They now have a “neutral” rating on the stock. Separately, analysts at Beaufort Securities reiterated a “hold” rating on shares of Berkeley Group Holdings in a research note to investors on Monday. Finally, analysts at Jefferies Group raised their price target on shares of Berkeley Group Holdings from GBX 2,018 ($33.00) to GBX 2,398 ($39.21) in a research note to investors on Friday, December 6th. They now have a “hold” rating on the stock. Twelve investment analysts have rated the stock with a hold rating and five have issued a buy rating to the company. The company presently has an average rating of “Hold” and a consensus target price of GBX 2,262.01 ($36.99).
The Berkeley Group Holdings plc is a holding company. The Company is engaged in residential-led property development focusing on urban regeneration and mixed-use developments.
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