Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Receives Average Rating of “Hold” from Brokerages

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have earned a consensus rating of “Hold” from the seven ratings firms that are currently covering the company, Marketbeat.com reports. Two investment analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have given a buy recommendation to the company.

A number of research analysts recently issued reports on the company. Kepler Capital Markets downgraded Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Berenberg Bank cut Berkeley Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th. Royal Bank Of Canada reissued an “outperform” rating on shares of Berkeley Group in a report on Thursday, June 25th. Finally, Zacks Research upgraded shares of Berkeley Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 9th.

Berkeley Group Price Performance

Berkeley Group stock opened at $9.47 on Friday. Berkeley Group has a fifty-two week low of $8.09 and a fifty-two week high of $12.54. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.58 and a quick ratio of 0.70. The stock has a 50-day simple moving average of $9.21 and a 200-day simple moving average of $9.82.

Berkeley Group Company Profile

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.