The Berkeley Group Holdings plc (BKG.L) – What Are Researchers Thinking About This Stock?

The Berkeley Group Holdings plc (LON:BKG) has been assigned a consensus rating of “Hold” from the seven analysts that are covering the stock, Marketbeat Ratings reports. One research analyst has rated the stock with a sell recommendation, two have given a hold recommendation and four have issued a buy recommendation on the company. The average 12-month price target among brokerages that have issued a report on the stock in the last year is GBX 8,690.71.

Several analysts have issued reports on the stock. Berenberg Bank reissued a “hold” rating and set a GBX 4,000 target price on shares of The Berkeley Group in a research note on Friday, June 26th. Jefferies Financial Group decreased their target price on The Berkeley Group from GBX 4,517 to GBX 4,301 and set a “buy” rating for the company in a research report on Monday, September 28th. Citigroup lowered their price target on The Berkeley Group from £375.40 to £365 and set a “neutral” rating on the stock in a report on Friday, June 26th. Finally, Royal Bank Of Canada lifted their price target on The Berkeley Group from GBX 3,850 to GBX 4,100 and gave the company an “outperform” rating in a report on Thursday, June 25th.

Insider Buying and Selling

In related news, insider Neil Eady purchased 3,405 shares of the firm’s stock in a transaction that occurred on Tuesday, August 11th. The stock was acquired at an average cost of GBX 3,515 per share, for a total transaction of £119,685.75. Also, insider Richard Stearn acquired 1,128 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was bought at an average price of GBX 3,526 per share, for a total transaction of £39,773.28. Insiders bought 5,097 shares of company stock valued at $17,931,747 over the last three months. 8.42% of the stock is owned by insiders.

The Berkeley Group Trading Down 0.4%

The Berkeley Group stock opened at GBX 3,314 on Friday. The company has a 50 day moving average price of GBX 3,399.12 and a 200 day moving average price of GBX 3,396.65. The Berkeley Group has a 52 week low of GBX 2,796 and a 52 week high of GBX 4,442. The company has a debt-to-equity ratio of 18.24, a quick ratio of 0.57 and a current ratio of 3.58. The firm has a market capitalization of £3.01 billion, a price-to-earnings ratio of 10.01, a P/E/G ratio of -0.87 and a beta of 1.18.

The Berkeley Group Company Profile

At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.

Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people’s lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.

We specialise in brownfield regeneration, working closely with local communities and councils to revive underused land and create homes where they are needed most.