The Berkeley Group (LON:BKG) Sets New 1-Year High at $4,590.00

The Berkeley Group Holdings plc (LON:BKG) shares hit a new 52-week high during trading on Tuesday . The company traded as high as GBX 4,590 ($57.43) and last traded at GBX 4,584.50 ($57.36), with a volume of 3920 shares. The stock had previously closed at GBX 4,552 ($56.95).

Analyst Upgrades and Downgrades

A number of brokerages have commented on BKG. Barclays reissued an “overweight” rating and set a GBX 4,350 ($54.42) price objective on shares of The Berkeley Group in a report on Monday, September 11th. Peel Hunt reissued an “add” rating and set a GBX 3,900 ($48.79) price objective on shares of The Berkeley Group in a report on Friday, September 8th. Two equities research analysts have rated the stock with a hold rating and six have given a buy rating to the stock. Based on data from MarketBeat.com, The Berkeley Group presently has an average rating of “Moderate Buy” and an average price target of GBX 4,420.13 ($55.30).

The Berkeley Group Trading Up 0.4 %

The company has a quick ratio of 0.57, a current ratio of 3.43 and a debt-to-equity ratio of 19.96. The firm has a 50 day moving average of GBX 4,138.06 and a 200 day moving average of GBX 4,111.20. The firm has a market cap of £4.85 billion, a PE ratio of 1,076.12, a P/E/G ratio of -0.87 and a beta of 1.15.

Insider Activity at The Berkeley Group

In related news, insider Richard Stearn sold 3,106 shares of the company’s stock in a transaction that occurred on Monday, October 2nd. The stock was sold at an average price of GBX 4,023 ($50.33), for a total value of £124,954.38 ($156,329.76). 5.16% of the stock is owned by company insiders.

About The 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.