Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Receives Average Rating of “Hold” from Analysts

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have been assigned an average rating of “Hold” from the seven ratings firms that are presently covering the firm, Marketbeat Ratings reports. Two research analysts have rated the stock with a sell rating, three have issued a hold rating, one has issued a buy rating and one has assigned a strong buy rating to the company.

BKGFY has been the subject of several recent research reports. Citigroup reissued a “neutral” rating on shares of Berkeley Group in a research report on Tuesday, December 16th. The Goldman Sachs Group started coverage on Berkeley Group in a research note on Monday, November 24th. They set a “sell” rating on the stock. Royal Bank Of Canada reissued an “underperform” rating on shares of Berkeley Group in a research note on Thursday, December 11th. Finally, Jefferies Financial Group raised shares of Berkeley Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 3rd.

Berkeley Group Stock Up 0.8%

Shares of BKGFY opened at $11.60 on Friday. The company has a debt-to-equity ratio of 0.19, a current ratio of 3.54 and a quick ratio of 0.65. Berkeley Group has a 1-year low of $9.03 and a 1-year high of $12.37. The firm has a 50 day simple moving average of $10.71 and a 200-day simple moving average of $10.36.

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.