The Berkeley Group Holdings plc (LON:BKG) Given Average Recommendation of “Moderate Buy” by Analysts

The Berkeley Group Holdings plc (LON:BKG) has been assigned an average recommendation of “Moderate Buy” from the eight ratings firms that are currently covering the company, MarketBeat.com reports. Two investment analysts have rated the stock with a hold rating and six have given a buy rating to the company. The average 12 month target price among analysts that have issued ratings on the stock in the last year is GBX 4,420.13 ($54.28).

A number of research analysts recently commented on BKG shares. Barclays reiterated an “overweight” rating and issued a GBX 4,350 ($53.42) price objective on shares of The Berkeley Group in a report on Monday, September 11th. Peel Hunt reissued an “add” rating and issued a GBX 3,900 ($47.89) target price on shares of The Berkeley Group in a report on Friday, September 8th.

Insider Transactions at The Berkeley Group

In related news, insider Richard Stearn sold 3,106 shares of the firm’s stock in a transaction on Monday, October 2nd. The shares were sold at an average price of GBX 4,023 ($49.40), for a total value of £124,954.38 ($153,450.06). 5.16% of the stock is currently owned by company insiders.

The Berkeley Group Price Performance

Shares of The Berkeley Group stock opened at GBX 4,517 ($55.47) on Wednesday. The company has a quick ratio of 0.57, a current ratio of 3.43 and a debt-to-equity ratio of 19.96. The Berkeley Group has a twelve month low of GBX 3,634 ($44.63) and a twelve month high of GBX 4,549 ($55.86). The firm has a market cap of £4.79 billion, a PE ratio of 1,047.75, a P/E/G ratio of -0.87 and a beta of 1.15. The business has a 50-day moving average price of GBX 4,087.60 and a 200 day moving average price of GBX 4,109.83.

The Berkeley Group Company Profile

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