Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Given Average Recommendation of “Hold” by Analysts

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) has been given an average recommendation of “Hold” by the seven brokerages that are covering the stock, MarketBeat.com reports. Two research analysts have rated the stock with a sell rating, three have assigned a hold rating, one has given a buy rating and one has assigned a strong buy rating to the company.

Several equities analysts recently weighed in on BKGFY shares. Jefferies Financial Group upgraded Berkeley Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Berkeley Group in a research report on Thursday, December 11th. The Goldman Sachs Group assumed coverage on shares of Berkeley Group in a report on Monday, November 24th. They issued a “sell” rating on the stock. Finally, Citigroup restated a “neutral” rating on shares of Berkeley Group in a report on Tuesday, December 16th.

Berkeley Group Price Performance

BKGFY stock opened at $10.97 on Tuesday. The company has a 50 day moving average price of $10.36 and a two-hundred day moving average price of $10.20. The company has a quick ratio of 0.65, a current ratio of 3.54 and a debt-to-equity ratio of 0.19. Berkeley Group has a one year low of $9.03 and a one year high of $12.35.

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.