The Berkeley Group Holdings plc (LON:BKG) Receives GBX 4,614.86 Consensus Price Target from Brokerages

Shares of The Berkeley Group Holdings plc (LON:BKG) have been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat reports. One analyst has rated the stock with a sell recommendation, three have assigned a hold recommendation and three have given a buy recommendation to the company. The average 1 year price target among analysts that have updated their coverage on the stock in the last year is GBX 4,614.86 ($59.13).

Several research analysts have recently issued reports on the stock. JPMorgan Chase & Co. downgraded shares of The Berkeley Group to a “neutral” rating in a report on Friday, April 12th. Royal Bank of Canada lowered The Berkeley Group to an “underperform” rating and set a GBX 4,950 ($63.42) price target on the stock. in a research note on Friday, April 12th.

Insiders Place Their Bets

In related news, insider Sarah Sands purchased 319 shares of The Berkeley Group stock in a transaction that occurred on Tuesday, March 26th. The shares were acquired at an average price of GBX 4,698 ($60.19) per share, for a total transaction of £14,986.62 ($19,201.31). Insiders own 4.52% of the company’s stock.

The Berkeley Group Trading Up 0.4 %

Shares of LON:BKG opened at GBX 5,300 ($67.91) on Friday. The Berkeley Group has a 52-week low of GBX 3,634 ($46.56) and a 52-week high of GBX 5,360 ($68.67). The company has a debt-to-equity ratio of 19.49, a quick ratio of 0.57 and a current ratio of 3.57. The company has a market cap of £5.61 billion, a P/E ratio of 1,254.16, a P/E/G ratio of -0.87 and a beta of 1.18. The stock’s 50-day moving average is GBX 4,923.56 and its 200-day moving average is GBX 4,791.08.

The Berkeley Group Company Profile

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development and ancillary activities in the United Kingdom. The company is involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.