Liberum Capital reaffirmed their sell rating on shares of Berkeley Group (LON:BKG) in a report published on Tuesday, January 7th, Stock Target Advisor reports.
A number of other research analysts have also weighed in on BKG. UBS Group reissued a buy rating on shares of Berkeley Group in a research note on Tuesday, December 10th. Jefferies Financial Group increased their target price on Berkeley Group from GBX 4,856 ($63.88) to GBX 5,437 ($71.52) and gave the stock a buy rating in a research report on Tuesday, December 10th. HSBC lowered Berkeley Group to a hold rating in a research report on Friday, November 22nd. Peel Hunt reaffirmed an add rating on shares of Berkeley Group in a research report on Friday, December 6th. Finally, Goldman Sachs Group lowered Berkeley Group to a sell rating and cut their price objective for the company from GBX 3,953 ($52.00) to GBX 3,860 ($50.78) in a research report on Friday, November 15th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and two have assigned a buy rating to the company’s stock. The company currently has a consensus rating of Hold and an average target price of GBX 4,422.18 ($58.17).
LON:BKG traded up GBX 103 ($1.35) during trading hours on Tuesday, reaching GBX 4,948 ($65.09). 237,440 shares of the company traded hands, compared to its average volume of 641,898. Berkeley Group has a 1-year low of GBX 3,416 ($44.94) and a 1-year high of GBX 5,294 ($69.64). The stock has a market cap of $6.10 billion and a P/E ratio of 12.36. The firm’s 50-day moving average is GBX 4,818.42 and its 200-day moving average is GBX 4,263.06. The company has a debt-to-equity ratio of 10.04, a current ratio of 2.89 and a quick ratio of 0.89.
In related news, insider Anthony W. Pidgley sold 1,393 shares of Berkeley Group stock in a transaction dated Monday, December 16th. The stock was sold at an average price of GBX 5,040 ($66.30), for a total value of £70,207.20 ($92,353.59).
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. 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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