Berkeley Group (LON:BKG) Stock Rating Reaffirmed by Peel Hunt

Berkeley Group (LON:BKG)‘s stock had its “add” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued on Tuesday, ThisIsMoney.Co.Uk reports.

A number of other research firms also recently commented on BKG. Goldman Sachs Group set a $13.00 target price on shares of Ford Motor and gave the company a “buy” rating in a research report on Thursday, June 13th. Berenberg Bank reissued a “buy” rating and set a GBX 620 ($8.10) target price on shares of in a research report on Friday, June 21st. Liberum Capital raised their target price on shares of from GBX 2,625 ($34.30) to GBX 2,750 ($35.93) and gave the company a “buy” rating in a research report on Monday, July 1st. UBS Group raised shares of to a “neutral” rating and raised their target price for the company from GBX 945 ($12.35) to GBX 2,060 ($26.92) in a research report on Thursday, June 20th. Finally, Jefferies Financial Group upgraded shares of SALVATORE FERRA/ADR from an “underperform” rating to a “hold” rating in a report on Tuesday, June 25th. Three research analysts have rated the stock with a sell rating, ten have assigned a hold rating and two have assigned a buy rating to the company’s stock. The stock has an average rating of “Hold” and an average price target of GBX 3,835.50 ($50.12).

LON BKG traded up GBX 53 ($0.69) during trading on Tuesday, reaching GBX 3,792 ($49.55). 402,345 shares of the company’s stock traded hands, compared to its average volume of 641,898. The company has a debt-to-equity ratio of 10.12, a quick ratio of 0.85 and a current ratio of 2.83. The stock has a market cap of $4.87 billion and a price-to-earnings ratio of 8.07. The company has a 50 day simple moving average of GBX 3,596.52. Berkeley Group has a 12-month low of GBX 3,170 ($41.42) and a 12-month high of GBX 3,992 ($52.16).

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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