London: Berkeley Group Holdings (LON:BKG) Stock Has Just Had Its Neutral Rating Reiterated by Bank of America. Shares now Have a GBX 3640.00 Target

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Berkeley Group Holdings (LON:BKG) Rating Reaffirmed

Bank of America now has a GBX 3640.00 PT on shares of Berkeley Group Holdings (LON:BKG). The PT suggests a potential upside of 3.38% from the closing share price of Berkeley Group Holdings (LON:BKG). This rating was shown in a recent report on Monday morning.

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 4580 while the lowest target price is GBX 2436. The mean of all analyst targets is GBX 3596.42 with a 7.21% above today’s (GBX 3521) stock price. Berkeley Group Holdings The PLC was the topic of 40 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Credit Suisse maintained shares on December 8 with “Neutral” rating. Liberum Capital maintained shares with “Hold” rating and GBX 3440 target share price in a report from a December 4. Beaufort Securities maintained BKG stock in a recent report from December 7 with “Buy” rating. J.P. Morgan maintained the rating on December 4. J.P. Morgan has a “Overweight” rating and a GBX 3750 price target on shares. Finally, Peel Hunt maintained the stock with “Buy” rating in a report issued on a December 7.

The stock increased 0.66% or GBX 23 on December 14, striking GBX 3521. Approximately 492,053 shares of stock traded hands. Berkeley Group Holdings PLC (LON:BKG) has risen 20.95% since May 15, 2015 and is uptrending. It has outperformed by 25.37% the S&P500.

London: Berkeley Group Holdings (LON:BKG) Stock Has Just Had Its Neutral Rating Reiterated by Bank of America. Shares now Have a GBX 3640.00 Target

The Berkeley Group Holdings plc is a United Kingdom company, which manufactures new homes, neighborhoods and communities. The company has a market cap of 4.81 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 13.16 P/E ratio. Along with its development activities, it holds certain residential properties for investment purposes.

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