Liberum Capital reiterated their hold rating on shares of Berkeley Group (LON:BKG) in a report published on Tuesday.
A number of other research firms have also recently issued reports on BKG. Peel Hunt reissued a buy rating on shares of Berkeley Group in a research note on Wednesday, September 5th. Shore Capital reissued a sell rating on shares of Berkeley Group in a research note on Wednesday, September 5th. Goodbody cut Berkeley Group to a sell rating and lowered their target price for the stock from GBX 3,800 ($49.65) to GBX 3,400 ($44.43) in a research note on Friday, July 6th. Berenberg Bank initiated coverage on Berkeley Group in a research note on Wednesday, July 25th. They set a hold rating and a GBX 3,360 ($43.90) target price for the company. Finally, Deutsche Bank increased their target price on Berkeley Group from GBX 4,014 ($52.45) to GBX 4,095 ($53.51) and gave the stock a hold rating in a research note on Thursday, August 30th. Five equities research analysts have rated the stock with a sell rating, seven have assigned a hold rating and one has assigned a buy rating to the company’s stock. Berkeley Group currently has a consensus rating of Hold and an average target price of GBX 3,891.25 ($50.85).
LON BKG opened at GBX 3,633 ($47.47) on Tuesday. Berkeley Group has a 52-week low of GBX 2,903 ($37.93) and a 52-week high of GBX 4,270 ($55.80).
In other news, insider Sean Ellis sold 5,463 shares of the firm’s stock in a transaction that occurred on Monday, October 1st. The shares were sold at an average price of GBX 3,587 ($46.87), for a total transaction of £195,957.81 ($256,053.59). Also, insider Peter Vernon purchased 609 shares of the firm’s stock in a transaction dated Tuesday, October 23rd. The shares were acquired at an average cost of GBX 3,263 ($42.64) per share, with a total value of £19,871.67 ($25,965.86).
About Berkeley Group
The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. The company builds homes, neighbourhoods, communities, luxury homes, and affordable housing for families, first time buyers, students, and senior people in London and the south of England markets.
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