The Berkeley Group Holdings plc (LON:BKG) Stock Now Rated “Hold” by Sell-Side Analysts

Shares of The Berkeley Group Holdings plc (LON:BKG) have been assigned an average recommendation of “Hold” from the seven brokerages that are presently covering the firm, MarketBeat Ratings reports. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have assigned a buy rating to the company. The average 1-year price objective among brokers that have updated their coverage on the stock in the last year is GBX 8,690.71.

Separately, Jefferies Financial Group reissued a “buy” rating and set a GBX 4,301 target price on shares of The Berkeley Group in a report on Friday, October 16th.

The Berkeley Group Stock Performance

BKG traded down GBX 14 during trading on Tuesday, hitting GBX 3,584. The stock had a trading volume of 227,354 shares, compared to its average volume of 2,956,735. The company has a debt-to-equity ratio of 18.24, a current ratio of 3.58 and a quick ratio of 0.57. The company has a 50 day moving average price of GBX 3,397.85 and a 200-day moving average price of GBX 3,544.46. The Berkeley Group has a one year low of GBX 2,796 and a one year high of GBX 4,442. The firm has a market cap of £3.23 billion, a price-to-earnings ratio of 10.82, 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.