Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Receives Average Recommendation of “Hold” from Analysts

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have earned an average recommendation of “Hold” from the seven research firms that are covering the company, MarketBeat Ratings reports. Two analysts have rated the stock with a sell rating, two have issued a hold rating, one has issued a buy rating and two have given a strong buy rating to the company.

BKGFY has been the subject of several recent analyst reports. Zacks Research upgraded Berkeley Group from a “hold” rating to a “strong-buy” rating in a research note on Thursday, February 5th. Royal Bank Of Canada reaffirmed an “underperform” rating on shares of Berkeley Group in a research report on Thursday, December 11th. The Goldman Sachs Group started coverage on Berkeley Group in a research report on Monday, November 24th. They issued a “sell” rating for the company. Citigroup restated a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. Finally, Jefferies Financial Group raised shares of Berkeley Group from a “hold” rating to a “buy” rating in a research report on Wednesday, December 3rd.

Berkeley Group Trading Down 2.6%

Berkeley Group stock opened at $10.61 on Wednesday. The firm has a fifty day moving average price of $11.35 and a two-hundred day moving average price of $10.61. Berkeley Group has a fifty-two week low of $9.03 and a fifty-two week high of $12.54. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 0.65.

Berkeley Group Company Profile

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.