The Berkeley Group Holdings plc (OTCMKTS:BKGFY) hit a new 52-week high on Tuesday . The stock traded as high as $68.60 and last traded at $68.60, with a volume of 716 shares changing hands. The stock had previously closed at $63.28.
Several brokerages have recently weighed in on BKGFY. JPMorgan Chase & Co. reiterated a “neutral” rating on shares of The Berkeley Group in a report on Monday, March 29th. Zacks Investment Research cut shares of The Berkeley Group from a “buy” rating to a “hold” rating in a report on Monday, February 15th. UBS Group reiterated a “buy” rating on shares of The Berkeley Group in a research note on Thursday, March 18th. Berenberg Bank reiterated a “hold” rating on shares of The Berkeley Group in a research note on Friday, January 29th. Finally, HSBC cut shares of The Berkeley Group from a “buy” rating to a “reduce” rating in a research note on Monday, March 29th. Three investment analysts have rated the stock with a sell rating, five have given a hold rating and three have assigned a buy rating to the company’s stock. The stock currently has a consensus rating of “Hold” and an average target price of $71.00.
The stock’s fifty day moving average price is $64.06 and its 200 day moving average price is $60.69. The stock has a market cap of $8.34 billion, a P/E ratio of 15.94 and a beta of 1.17. The company has a current ratio of 2.74, a quick ratio of 0.89 and a debt-to-equity ratio of 0.10.
The Berkeley Group Company Profile (OTCMKTS:BKGFY)
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edward, St George, St James, St Joseph, St William, Berkeley First, Berkeley Commercial, Berkeley Partnership, and Berkeley Modular brand names.
Featured Article: How does a dividend reinvestment plan work?
Receive News & Ratings for The Berkeley Group Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for The Berkeley Group and related companies with MarketBeat.com's FREE daily email newsletter.