Berkeley Group’s (BKG) Add Rating Reiterated at Peel Hunt

Peel Hunt reissued their add rating on shares of Berkeley Group (LON:BKG) in a report released on Tuesday, ThisIsMoney.Co.Uk reports.

BKG has been the subject of several other research reports. Jefferies Financial Group raised SALVATORE FERRA/ADR from an underperform rating to a hold rating in a report on Tuesday, June 25th. UBS Group raised to a neutral rating and raised their price target for the company from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a report on Thursday, June 20th. Canaccord Genuity reaffirmed a buy rating on shares of in a report on Thursday, June 20th. Shore Capital reaffirmed a hold rating on shares of in a report on Wednesday, June 19th. Finally, Numis Securities reaffirmed a buy rating and set a GBX 2,800 ($36.59) price target on shares of in a report on Thursday, June 13th. Three research analysts have rated the stock with a sell rating, ten have issued a hold rating and two have given a buy rating to the stock. Berkeley Group presently has a consensus rating of Hold and an average price target of GBX 3,835.50 ($50.12).

LON BKG opened at GBX 3,815 ($49.85) on Tuesday. The firm has a market cap of $4.90 billion and a P/E ratio of 8.12. The company has a current ratio of 2.83, a quick ratio of 0.85 and a debt-to-equity ratio of 10.12. Berkeley Group has a 12 month low of GBX 3,170 ($41.42) and a 12 month high of GBX 3,992 ($52.16). The firm has a 50 day moving average of GBX 3,601.18.

Berkeley Group Company Profile

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 brands.

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Analyst Recommendations for Berkeley Group (LON:BKG)

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