Berkeley Group Holdings PLC (LON:BKG) had its price objective raised by Liberum Capital from GBX 2,728 ($35.61) to GBX 3,155 ($41.18) in a research note released on Friday morning. Liberum Capital currently has a buy rating on the stock.
Several other brokerages have also recently issued reports on BKG. Jefferies Group reiterated a buy rating and issued a GBX 3,328 ($43.44) price objective on shares of Berkeley Group Holdings PLC in a research note on Monday, June 27th. JPMorgan Chase & Co. reiterated an overweight rating and issued a GBX 3,750 ($48.95) price objective on shares of Berkeley Group Holdings PLC in a research note on Monday, June 13th. Deutsche Bank AG reiterated a buy rating and issued a GBX 4,185 ($54.63) price objective on shares of Berkeley Group Holdings PLC in a research note on Tuesday, June 14th. Canaccord Genuity reiterated a buy rating and issued a GBX 4,180 ($54.56) price objective on shares of Berkeley Group Holdings PLC in a research note on Wednesday, June 15th. Finally, Credit Suisse Group AG reiterated an underperform rating and issued a GBX 2,645 ($34.53) price objective on shares of Berkeley Group Holdings PLC in a research note on Thursday, June 16th. Two research analysts have rated the stock with a sell rating, four have assigned a hold rating and eight have given a buy rating to the stock. The company presently has a consensus rating of Hold and a consensus target price of GBX 3,406.46 ($44.46).
Berkeley Group Holdings PLC (LON:BKG) opened at 2574.00 on Friday. The stock’s market capitalization is GBX 3.55 billion. Berkeley Group Holdings PLC has a one year low of GBX 2,015.00 and a one year high of GBX 3,788.00. The stock has a 50 day moving average price of GBX 2,613.81 and a 200-day moving average price of GBX 2,860.62.
In other news, insider Li,Adrian acquired 10,000 shares of the company’s stock in a transaction on Friday, September 16th. The shares were bought at an average price of GBX 2,570 ($33.55) per share, with a total value of £257,000 ($335,465.34).
About Berkeley Group Holdings PLC
The Berkeley Group Holdings plc is a holding company. The Company, along with its subsidiaries, is engaged in residential-led, mixed-use property development. Its segments include Residential-led mixed-use development and Other activities. Its brands include Berkeley, which creates medium to large-scale developments in towns, cities and the countryside, encompassing executive homes, mixed use schemes, riverside apartments, refurbished historic buildings and urban loft spaces; St George, which is involved in mixed use sustainable regeneration in London; St James, which handles projects that embrace private residential development, commercial property, recreational and community facilities; St Edward, which offers residentially led developments, and St William.
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