Berkeley Group (OTCMKTS:BKGFY) Upgraded by Royal Bank Of Canada to Moderate Buy Rating

Royal Bank Of Canada upgraded shares of Berkeley Group (OTCMKTS:BKGFY) from a strong sell rating to a moderate buy rating in a research report report published on Wednesday,Zacks.com reports.

Separately, UBS Group raised Berkeley Group from a “hold” rating to a “strong-buy” rating in a report on Monday, April 28th.

Berkeley Group Stock Up 1.1%

Shares of BKGFY opened at $9.91 on Wednesday. Berkeley Group has a 1 year low of $8.48 and a 1 year high of $15.11. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.36 and a quick ratio of 0.61. The stock has a 50 day simple moving average of $11.16 and a 200-day simple moving average of $10.18.

About Berkeley Group

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.