The Berkeley Group (LON:BKG) Sets New 12-Month High at $4,483.00

The Berkeley Group Holdings plc (LON:BKG – Get Rating) shares reached a new 52-week high on Monday . The stock traded as high as GBX 4,483 ($54.62) and last traded at GBX 4,482 ($54.61), with a volume of 34453 shares traded. The stock had previously closed at GBX 4,448 ($54.19).

Analyst Ratings Changes

Several research firms have recently weighed in on BKG. JPMorgan Chase & Co. reiterated an “overweight” rating on shares of The Berkeley Group in a research note on Wednesday, September 21st. Deutsche Bank Aktiengesellschaft reiterated a “hold” rating and issued a GBX 3,807 ($46.38) target price on shares of The Berkeley Group in a research note on Monday, December 12th. Finally, Berenberg Bank reiterated a “buy” rating and issued a GBX 4,500 ($54.82) target price on shares of The Berkeley Group in a research note on Monday, December 12th. One research analyst has rated the stock with a sell rating, two have issued a hold rating and four have issued a buy rating to the stock. Based on data from MarketBeat.com, the stock presently has an average rating of “Hold” and a consensus price target of GBX 4,567.43 ($55.65).

The Berkeley Group Trading Up 0.8 %

The firm’s 50 day moving average is GBX 3,846.58 and its 200 day moving average is GBX 3,752.27. The company has a market cap of £4.86 billion and a PE ratio of 1,082.24. The company has a debt-to-equity ratio of 20.73, a current ratio of 3.36 and a quick ratio of 0.57.

Insiders Place Their Bets

In related news, insider Natasha Adams purchased 1,947 shares of the business’s stock in a transaction on Tuesday, January 10th. The stock was acquired at an average price of GBX 4,088 ($49.81) per share, with a total value of £79,593.36 ($96,970.47).

About The Berkeley Group

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The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. The company is also involved in land selling activities. It operates under the Berkeley, St Edward, St George, St James, St Joseph, and St William brand names.