The Berkeley Group Holdings plc (LON:BKG – Get Free Report) crossed below its two hundred day moving average during trading on Tuesday. The stock has a two hundred day moving average of GBX 3,399.07 and traded as low as GBX 3,114. The Berkeley Group shares last traded at GBX 3,184, with a volume of 130,659 shares changing hands.
Analysts Set New Price Targets
BKG has been the subject of a number of analyst reports. Berenberg Bank reaffirmed a “hold” rating and set a GBX 4,000 price objective on shares of The Berkeley Group in a research report on Friday, June 26th. Citigroup dropped their target price on The Berkeley Group from £375.40 to £365 and set a “neutral” rating on the stock in a report on Friday, June 26th. Royal Bank Of Canada increased their target price on The Berkeley Group from GBX 3,850 to GBX 4,100 and gave the stock an “outperform” rating in a research note on Thursday, June 25th. Finally, Jefferies Financial Group lowered their price target on The Berkeley Group from GBX 4,517 to GBX 4,301 and set a “buy” rating for the company in a research report on Monday, September 28th. Four research analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the company. Based on data from MarketBeat.com, The Berkeley Group currently has a consensus rating of “Hold” and an average price target of GBX 8,690.71.
Get Our Latest Stock Analysis on BKG
The Berkeley Group Price Performance
The company has a quick ratio of 0.57, a current ratio of 3.58 and a debt-to-equity ratio of 18.24. The firm’s fifty day moving average price is GBX 3,399.12 and its two-hundred day moving average price is GBX 3,396.65. The stock has a market capitalization of £2.98 billion, a PE ratio of 9.92, a PEG ratio of -0.87 and a beta of 1.18.
Insider Buying and Selling
In other news, insider Richard Stearn purchased 1,128 shares of the company’s stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of GBX 3,526 per share, for a total transaction of £39,773.28. Also, insider Neil Eady bought 3,405 shares of the company’s stock in a transaction that occurred on Tuesday, August 11th. The stock was purchased at an average cost of GBX 3,515 per share, with a total value of £119,685.75. In the last ninety days, insiders acquired 5,097 shares of company stock valued at $17,931,747. 8.42% of the stock is currently owned by insiders.
The Berkeley Group Company Profile
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.
Further Reading
- Five stocks we like better than The Berkeley Group
- ASML Can’t Keep Up With AI Demand—Why That’s a Good Thing
- Enovix’s 100,000-Battery Drone Order Sets Up a Test of Its Production Plans
- AMD’s Support Could Help Fermi Stock Overcome Its Biggest Hurdle
- Beyond the GPU: Credo Paves the Next AI Data Superhighway
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.
