Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Given Consensus Rating of “Hold” by Brokerages

by · The Markets Daily

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY – Get Free Report) has received an average recommendation of “Hold” from the eight brokerages that are currently covering the company, Marketbeat Ratings reports. Two analysts have rated the stock with a sell rating, three have issued a hold rating, one has assigned a buy rating and two have given a strong buy rating to the company.

Several analysts have issued reports on the company. The Goldman Sachs Group assumed coverage on Berkeley Group in a research note on Monday, November 24th. They issued a “sell” rating for the company. Citigroup reaffirmed a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. Jefferies Financial Group upgraded Berkeley Group from a “hold” rating to a “buy” rating in a report on Wednesday, December 3rd. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Berkeley Group in a research note on Thursday, December 11th. Finally, Zacks Research downgraded Berkeley Group from a “strong-buy” rating to a “hold” rating in a report on Friday, August 29th.

View Our Latest Research Report on Berkeley Group

Berkeley Group Stock Up 1.2%

Berkeley Group stock opened at $10.52 on Friday. The company has a debt-to-equity ratio of 0.19, a quick ratio of 0.65 and a current ratio of 3.54. The business has a 50-day simple moving average of $10.34 and a 200 day simple moving average of $10.24. Berkeley Group has a 52 week low of $8.48 and a 52 week high of $12.35.

Berkeley Group Company Profile

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Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.

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