Berkeley Group (OTCMKTS:BKGFY) Rating Increased to Hold at Zacks Research

Zacks Research upgraded shares of Berkeley Group (OTCMKTS:BKGFY) from a strong sell rating to a hold rating in a research report released on Tuesday morning,Zacks.com reports.

Separately, Royal Bank Of Canada raised shares of Berkeley Group from a “strong sell” rating to a “hold” rating in a research report on Wednesday, April 1st. One equities research analyst has rated the stock with a Buy rating, four have given a Hold rating and one has given a Sell rating to the stock. According to MarketBeat, the stock has a consensus rating of “Hold”.

Berkeley Group Stock Down 2.1%

BKGFY opened at $9.03 on Tuesday. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 0.65. The company’s 50-day moving average is $8.96 and its 200 day moving average is $10.10. Berkeley Group has a fifty-two week low of $8.09 and a fifty-two week high of $12.54.

About Berkeley Group

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.