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

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) has been given an average rating of “Hold” by the seven analysts that are covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell recommendation, three have given a hold recommendation and two have assigned a buy recommendation to the company.

BKGFY has been the subject of a number of recent analyst reports. Berenberg Bank downgraded Berkeley Group from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Royal Bank Of Canada reissued an “outperform” rating on shares of Berkeley Group in a research report on Thursday, June 25th. Zacks Research raised Berkeley Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. Finally, Kepler Capital Markets lowered shares of Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd.

Berkeley Group Trading Down 1.4%

OTCMKTS:BKGFY opened at $9.47 on Friday. The business’s fifty day moving average price is $9.21 and its 200 day moving average price is $9.82. The company has a debt-to-equity ratio of 0.18, a current ratio of 3.58 and a quick ratio of 0.70. Berkeley Group has a 12 month low of $8.09 and a 12 month high of $12.54.

About Berkeley Group

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.