Berkeley Group Holdings PLC (LON:BKG) has been given an average recommendation of “Hold” by the fifteen research firms that are presently covering the firm, MarketBeat reports. Two research analysts have rated the stock with a sell recommendation, four have given a hold recommendation and nine have assigned a buy recommendation to the company. The average 12 month target price among analysts that have covered the stock in the last year is GBX 3,564.46 ($46.03).
A number of brokerages recently issued reports on BKG. Peel Hunt reiterated a “buy” rating and issued a GBX 4,390 ($56.70) target price on shares of Berkeley Group Holdings PLC in a research report on Wednesday, June 21st. Liberum Capital reiterated a “hold” rating and issued a GBX 3,169 ($40.93) target price on shares of Berkeley Group Holdings PLC in a research report on Wednesday, June 21st. Deutsche Bank AG increased their target price on shares of Berkeley Group Holdings PLC from GBX 3,571 ($46.12) to GBX 3,604 ($46.55) and gave the company a “buy” rating in a research report on Wednesday, May 31st. Credit Suisse Group increased their target price on shares of Berkeley Group Holdings PLC from GBX 2,162 ($27.92) to GBX 2,985 ($38.55) and gave the company an “underperform” rating in a research report on Monday. Finally, HSBC Holdings plc increased their target price on shares of Berkeley Group Holdings PLC from GBX 3,481 ($44.96) to GBX 3,789 ($48.93) and gave the company a “buy” rating in a research report on Wednesday, July 19th.
Shares of Berkeley Group Holdings PLC (LON BKG) traded down 1.25% during mid-day trading on Friday, hitting GBX 3547.00. 872,006 shares of the stock traded hands. The firm’s 50 day moving average price is GBX 3,616.32 and its 200-day moving average price is GBX 3,318.06. Berkeley Group Holdings PLC has a 12-month low of GBX 2,286.00 and a 12-month high of GBX 3,765.00. The stock’s market cap is GBX 4.87 billion.
In other Berkeley Group Holdings PLC news, insider Robert C. G. Perrins sold 500,000 shares of the stock in a transaction that occurred on Thursday, September 7th. The stock was sold at an average price of GBX 3,575 ($46.17), for a total transaction of £17,875,000 ($23,085,367.43). Also, insider Glyn Barker sold 900 shares of the stock in a transaction that occurred on Friday, September 8th. The shares were sold at an average price of GBX 3,576 ($46.18), for a total value of £32,184 ($41,565.28).
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Berkeley Group Holdings PLC Company Profile
The Berkeley Group Holdings plc is a holding company. The Company, along with its subsidiaries, is engaged in residential-led, mixed-use property development. Its segments include Residential-led mixed-use development and Other activities. Its brands include Berkeley, which creates medium to large-scale developments in towns, cities and the countryside, encompassing executive homes, mixed use schemes, riverside apartments, refurbished historic buildings and urban loft spaces; St George, which is involved in mixed use sustainable regeneration in London; St James, which handles projects that embrace private residential development, commercial property, recreational and community facilities; St Edward, which offers residentially led developments, and St William.
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