Berkeley Group (OTCMKTS:BKGFY) Rating Increased to Hold at Zacks Research

Berkeley Group (OTCMKTS:BKGFY) was upgraded by Zacks Research from a “strong sell” rating to a “hold” rating in a research note issued on Tuesday,Zacks.com reports.

Separately, Royal Bank Of Canada upgraded shares of Berkeley Group from a “strong sell” rating to a “hold” rating in a report on Wednesday, April 1st. One analyst has rated the stock with a Buy rating, four have assigned a Hold rating and one has assigned a Sell rating to the company. Based on data from MarketBeat, the company has a consensus rating of “Hold”.

Berkeley Group Stock Performance

BKGFY opened at $9.03 on Tuesday. Berkeley Group has a 52-week low of $8.09 and a 52-week high of $12.54. 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 firm’s 50-day moving average price is $8.96 and its 200-day moving average price is $10.10.

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.