Berkeley Group Holdings The PLC (LON:BKG) Rating Reaffirmed
In a recent report distributed on Wednesday morning, The Hold rating of Berkeley Group Holdings The PLC (LON:BKG) shares was reaffirmed by Analysts at Liberum Capital, who now has a GBX 3548.00 PT on the stock. Liberum Capital’s PT implies a possible downside of -5.79% from the price per share of the company.
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 3599.88 with a 0.39% above today’s (GBX 3758) stock price. Berkeley Group Holdings The PLC was the topic of 42 analyst reports since July 24, 2015 according to the firm StockzIntelligence Inc. Liberum Capital maintained shares on December 16 with “Hold” rating. Deutsche Bank maintained shares with “Hold” rating and GBX 3346 target share price in a report from a December 7. Credit Suisse maintained BKG stock in a recent report from December 8 with “Neutral” rating. Peel Hunt maintained the rating on December 7. Peel Hunt has a “Buy” rating and a GBX 4580 price target on shares. Finally, Beaufort Securities maintained the stock with “Buy” rating in a report issued on a December 7.
Approximately 304,882 shares of stock traded hands. Berkeley Group Holdings PLC (LON:BKG) has risen 25.38% since May 19, 2015 and is uptrending. It has outperformed by 28.00% 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 5.00 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 14.05 P/E ratio. Along with its development activities, it holds certain residential properties for investment purposes.