London: Berkeley Group Holdings (LON:BKG) Stock Has Just Had Its “Neutral” Rating Reiterated by Credit Suisse. Shares now Have a GBX 3101.00 Target


Berkeley Group Holdings (LON:BKG) Rating Reaffirmed

Recently, In analysts report sent to investors on Tuesday, 8 December, Berkeley Group Holdings (LON:BKG) shares have had their “Neutral” Rating reconfirmed by expert analysts at Credit Suisse, who currently has a GBX 3101.00 target price per share on company. This target by Credit Suisse suggests the possibile downside of -13.38% from the stock close price.

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 3582.58 with a 5.86% above today’s (GBX 3566) 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.

Approximately 122,542 shares of stock traded hands. Berkeley Group Holdings PLC (LON:BKG) has risen 31.72% since May 12, 2015 and is uptrending. It has outperformed by 32.52% the S&P500.

London: Berkeley Group Holdings (LON:BKG) Stock Has Just Had Its

The Berkeley Group Holdings plc is a United Kingdom company, which manufactures new homes, neighborhoods and communities. The company has a market cap of 4.88 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 13.33 P/E ratio. Along with its development activities, it holds certain residential properties for investment purposes.