Berkeley Group Holdings (LON:BKG) Rating Reaffirmed
J.P. Morgan now has a GBX 3750 PT on the 4.91B GBP market cap company or 4.20% upside potential. In a comprehensive report shared with investors and clients on Friday morning, Berkeley Group Holdings (LON:BKG) shares have had their “Overweight” Rating kept steady by research analysts at J.P. Morgan.
From a total of 13 analysts covering Berkeley Group Holdings The PLC (LON:BKG) stock, 4 rate it a ”Buy”, 0 a “Sell”, and 9 a ”Hold”. This means that 31% of the ratings are positive. The highest target price is GBX 4400 while the lowest target price is GBX 2436. The mean of all analyst targets is GBX 3550.5 with a 0.99% above today’s (GBX 3590.12) stock price. Berkeley Group Holdings The PLC was the topic of 32 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 2 with “Hold” rating. J.P. Morgan maintained shares with “Overweight” rating and GBX 3750 target share price in a report from a November 2. Credit Suisse maintained BKG stock in a recent report from November 30 with “Neutral” rating. JP Morgan maintained the rating on November 2. JP Morgan has a “Overweight” rating and a GBX 3750 price target on shares. Finally, Barclays Capital maintained the stock with “Equal Weight” rating in a report issued on a November 6.
Approximately 742,596 shares of stock traded hands or 71.64% up from the average. Berkeley Group Holdings PLC (LON:BKG) has risen 34.56% since May 7, 2015 and is uptrending. It has outperformed by 37.35% the S&P500.
The Berkeley Group Holdings plc is a United Kingdom company, which manufactures new homes, neighborhoods and communities. The company has a market cap of 4.91 billion GBP. The Firm is engaged in residential-led, mixed-use property development, consisting of residential revenue, revenue from land sales and commercial revenue. It has 12.95 P/E ratio. Along with its development activities, it holds certain residential properties for investment purposes.