Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Stock Rated “Hold” by Sell-Side Brokerages

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have received an average recommendation of “Hold” from the seven analysts that are currently covering the stock, Marketbeat reports. Two analysts have rated the stock with a sell rating, three have assigned a hold rating and two have given a buy rating to the company.

Several analysts recently issued reports on the company. Berenberg Bank downgraded Berkeley Group from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Royal Bank Of Canada restated an “outperform” rating on shares of Berkeley Group in a research note on Thursday, June 25th. Kepler Capital Markets cut Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Finally, Zacks Research upgraded Berkeley Group from a “strong sell” rating to a “hold” rating in a research note on Tuesday, June 9th.

Berkeley Group Trading Down 0.6%

Shares of OTCMKTS BKGFY opened at $8.79 on Friday. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.58 and a quick ratio of 0.70. The firm’s 50-day moving average price is $9.37 and its two-hundred day moving average price is $9.25. Berkeley Group has a 52-week low of $8.09 and a 52-week high of $12.54.

Berkeley Group Company Profile

The Berkeley Group Holdings plc, operating as Berkeley, is a United Kingdom-based residential property developer. The company acquires land, secures planning approvals and develops homes and mixed-use communities, with projects ranging from private housing to affordable housing and purpose-built student accommodation.

Berkeley serves customers primarily in London, the surrounding South East of England and selected parts of the South West. Its developments commonly include apartments and houses alongside public spaces, community facilities, retail areas and other infrastructure.