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

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) has received a consensus recommendation of “Hold” from the eight ratings firms that are currently covering the firm, MarketBeat Ratings reports. Two equities research analysts have rated the stock with a sell rating, three have given a hold rating, one has issued a buy rating and two have issued a strong buy rating on the company.

A number of brokerages have recently issued reports on BKGFY. Jefferies Financial Group raised shares of Berkeley Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 3rd. Zacks Research lowered shares of Berkeley Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 29th. Citigroup restated a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. The Goldman Sachs Group assumed coverage on shares of Berkeley Group in a research report on Monday, November 24th. They set a “sell” rating on the stock. Finally, Royal Bank Of Canada reiterated an “underperform” rating on shares of Berkeley Group in a report on Thursday, December 11th.

Berkeley Group Trading Down 1.8%

BKGFY opened at $10.35 on Friday. The business has a fifty day moving average of $10.35 and a 200 day moving average of $10.25. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.61 and a current ratio of 3.54. Berkeley Group has a 52-week low of $8.48 and a 52-week high of $12.35.

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.