Peel Hunt Reaffirms “Add” Rating for Berkeley Group (BKG)

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Berkeley Group (LON:BKG)‘s stock had its “add” rating reaffirmed by equities research analysts at Peel Hunt in a research report issued to clients and investors on Friday.

A number of other analysts have also recently issued reports on BKG. Shore Capital reissued a “hold” rating on shares of Berkeley Group in a research note on Friday. Berenberg Bank increased their price objective on shares of Berkeley Group from GBX 3,360 ($43.90) to GBX 3,450 ($45.08) and gave the stock a “hold” rating in a research note on Friday, December 14th. Liberum Capital reissued a “hold” rating on shares of Berkeley Group in a research note on Thursday, December 6th. Barclays increased their price objective on shares of Berkeley Group from GBX 3,873 ($50.61) to GBX 3,877 ($50.66) and gave the stock an “underweight” rating in a research note on Monday, February 11th. Finally, Canaccord Genuity reduced their price objective on shares of Berkeley Group from GBX 4,370 ($57.10) to GBX 3,870 ($50.57) and set a “buy” rating for the company in a research note on Monday, December 10th. Five equities research analysts have rated the stock with a sell rating, seven have given a hold rating and two have given a buy rating to the company’s stock. The company currently has an average rating of “Hold” and an average price target of GBX 3,708.64 ($48.46).

Shares of LON BKG opened at GBX 3,975 ($51.94) on Friday. Berkeley Group has a 1 year low of GBX 2,903 ($37.93) and a 1 year high of GBX 4,270 ($55.80).

About Berkeley Group

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edward, St George, St James, St Joseph, St William, Berkeley First, Berkeley Commercial, Berkeley Partnership, and Berkeley Modular brands.

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Analyst Recommendations for Berkeley Group (LON:BKG)

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