Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Receives Consensus Recommendation of “Hold” from Brokerages

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) has been given a consensus rating of “Hold” by the seven brokerages that are presently covering the stock, MarketBeat Ratings reports. Two investment analysts have rated the stock with a sell rating, two have assigned a hold rating, one has given a buy rating and two have assigned a strong buy rating to the company.

BKGFY has been the subject of several recent analyst reports. Royal Bank Of Canada reiterated an “underperform” rating on shares of Berkeley Group in a report on Thursday, December 11th. Jefferies Financial Group raised shares of Berkeley Group from a “hold” rating to a “buy” rating in a research note on Wednesday, December 3rd. Citigroup reissued a “neutral” rating on shares of Berkeley Group in a research note on Tuesday, December 16th. Zacks Research raised Berkeley Group from a “hold” rating to a “strong-buy” rating in a research report on Thursday, February 5th. Finally, The Goldman Sachs Group initiated coverage on Berkeley Group in a research report on Monday, November 24th. They set a “sell” rating on the stock.

Berkeley Group Trading Down 3.7%

OTCMKTS:BKGFY opened at $11.19 on Wednesday. The stock has a fifty day simple moving average of $11.34 and a 200 day simple moving average of $10.60. Berkeley Group has a 1-year low of $9.03 and a 1-year high of $12.54. The company has a current ratio of 3.54, a quick ratio of 0.65 and a debt-to-equity ratio of 0.19.

Berkeley Group Company Profile

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.