Brokerages Set The Berkeley Group Holdings plc (LON:BKG) Price Target at GBX 8,252

Shares of The Berkeley Group Holdings plc (LON:BKGGet Free Report) have been given a consensus recommendation of “Moderate Buy” by the eight research firms that are currently covering the stock, Marketbeat.com reports. One investment analyst has rated the stock with a sell recommendation, two have issued a hold recommendation and five have issued a buy recommendation on the company. The average 12 month target price among brokerages that have issued ratings on the stock in the last year is GBX 8,252.

Several research analysts recently weighed in on BKG shares. Berenberg Bank reaffirmed a “hold” rating and issued a GBX 4,000 target price on shares of The Berkeley Group in a report on Friday, June 26th. Royal Bank Of Canada raised 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. Jefferies Financial Group lowered their price objective on The Berkeley Group from GBX 4,531 to GBX 4,517 and set a “buy” rating on the stock in a research report on Tuesday, July 7th. Finally, Citigroup dropped their price objective on The Berkeley Group from £375.40 to £365 and set a “neutral” rating for the company in a research note on Friday, June 26th.

Read Our Latest Stock Report on BKG

The Berkeley Group Stock Performance

BKG opened at GBX 3,626 on Friday. The firm has a market cap of £3.32 billion, a P/E ratio of 10.95, a PEG ratio of -0.87 and a beta of 1.19. The Berkeley Group has a 1-year low of GBX 2,796 and a 1-year high of GBX 4,442. The company has a 50 day simple moving average of GBX 3,454.86 and a two-hundred day simple moving average of GBX 3,618.66. 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 Berkeley Group (LON:BKGGet Free Report) last announced its quarterly earnings data on Wednesday, June 24th. The company reported GBX 331.60 EPS for the quarter. The Berkeley Group had a net margin of 13.36% and a return on equity of 8.79%. The firm had revenue of GBX 238.33 billion for the quarter.

The Berkeley Group Company Profile

(Get Free Report)

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.

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Analyst Recommendations for The Berkeley Group (LON:BKG)

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