Berkeley Group (BKG) Earns Hold Rating from Liberum Capital

Berkeley Group (LON:BKG)‘s stock had its “hold” rating reaffirmed by research analysts at Liberum Capital in a report issued on Tuesday.

Other analysts have also issued research reports about the company. Peel Hunt restated a “buy” rating on shares of Berkeley Group in a report on Tuesday. Goodbody lowered Berkeley Group to a “sell” rating and decreased their price target for the company from GBX 3,800 ($49.65) to GBX 3,400 ($44.43) in a report on Friday, July 6th. Credit Suisse Group decreased their price target on Berkeley Group from GBX 3,579 ($46.77) to GBX 3,433 ($44.86) and set an “underperform” rating on the stock in a report on Thursday, August 23rd. Barclays increased their price target on Berkeley Group from GBX 3,729 ($48.73) to GBX 3,873 ($50.61) and gave the company an “underweight” rating in a report on Wednesday, September 12th. Finally, Shore Capital restated a “sell” rating on shares of Berkeley Group in a report on Wednesday, September 5th. Five equities research analysts have rated the stock with a sell rating, seven have issued a hold rating and one has issued a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average target price of GBX 3,891.25 ($50.85).

LON BKG opened at GBX 3,381 ($44.18) on Tuesday. Berkeley Group has a one year low of GBX 2,903 ($37.93) and a one year high of GBX 4,270 ($55.80).



In other Berkeley Group news, insider Peter Vernon bought 609 shares of Berkeley Group stock in a transaction on Tuesday, October 23rd. The shares were acquired at an average price of GBX 3,263 ($42.64) per share, for a total transaction of £19,871.67 ($25,965.86). Also, insider Sean Ellis sold 5,463 shares of the stock in a transaction on Monday, October 1st. The stock was sold at an average price of GBX 3,587 ($46.87), for a total value of £195,957.81 ($256,053.59).

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. 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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Analyst Recommendations for Berkeley Group (LON:BKG)

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