Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY – Get Free Report) was the recipient of a large decrease in short interest in August. As of August 14th, there was short interest totaling 46,407 shares, a decrease of 40.6% from the July 30th total of 78,143 shares. Based on an average daily trading volume, of 57,501 shares, the days-to-cover ratio is currently 0.8 days. Currently, 0.0% of the shares of the stock are short sold.
Wall Street Analysts Forecast Growth
Several equities analysts have weighed in on the company. Zacks Research raised Berkeley Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 9th. Berenberg Bank downgraded Berkeley Group from a “strong-buy” rating to a “hold” rating in a research report on Friday, June 26th. Kepler Capital Markets lowered Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Finally, Royal Bank Of Canada reiterated an “outperform” rating on shares of Berkeley Group in a research report on Thursday, June 25th. Two analysts have rated the stock with a Buy rating, three have given a Hold rating and two have issued a Sell rating to the stock. According to data from MarketBeat, the company currently has an average rating of “Hold”.
Check Out Our Latest Stock Report on BKGFY
Berkeley Group Stock Performance
About Berkeley Group
Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.
Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.
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