Berkeley Group Holdings PLC (BKG) Earns “Buy” Rating from Canaccord Genuity
Canaccord Genuity reaffirmed their buy rating on shares of Berkeley Group Holdings PLC (LON:BKG) in a research note published on Tuesday. Canaccord Genuity currently has a GBX 2,750 ($35.90) price objective on the stock.
Several other equities research analysts have also recently commented on BKG. Beaufort Securities reissued a buy rating on shares of Berkeley Group Holdings PLC in a research report on Thursday, June 16th. Deutsche Bank AG reissued a buy rating and set a GBX 4,185 ($54.63) price target on shares of Berkeley Group Holdings PLC in a research report on Tuesday, June 14th. Liberum Capital reissued a buy rating and set a GBX 2,728 ($35.61) price target on shares of Berkeley Group Holdings PLC in a research report on Tuesday, September 6th. Credit Suisse Group AG reissued an underperform rating and set a GBX 2,645 ($34.53) price target on shares of Berkeley Group Holdings PLC in a research report on Thursday, June 16th. Finally, Peel Hunt reissued a buy rating and set a GBX 4,580 ($59.78) price target on shares of Berkeley Group Holdings PLC in a research report on Wednesday, June 15th. Two analysts have rated the stock with a sell rating, four have issued a hold rating and eight have issued a buy rating to the company’s stock. The company presently has an average rating of Hold and an average target price of GBX 3,296.46 ($43.03).
Shares of Berkeley Group Holdings PLC (LON:BKG) opened at 2504.00 on Tuesday. Berkeley Group Holdings PLC has a one year low of GBX 2,015.00 and a one year high of GBX 3,788.00. The stock’s market capitalization is GBX 3.45 billion. The company’s 50 day moving average price is GBX 2,614.78 and its 200 day moving average price is GBX 2,839.25.
In related news, insider Li,Adrian purchased 10,000 shares of the firm’s stock in a transaction that occurred on Friday, September 16th. The shares were acquired at an average price of GBX 2,570 ($33.55) per share, for a total transaction of £257,000 ($335,465.34). Also, insider Richard Stearn sold 10,030 shares of the company’s stock in a transaction dated Friday, September 30th. The shares were sold at an average price of GBX 2,458 ($32.08), for a total transaction of £246,537.40 ($321,808.38).
About Berkeley Group Holdings PLC
The Berkeley Group Holdings plc is a holding company. The Company, along with its subsidiaries, is engaged in residential-led, mixed-use property development. Its segments include Residential-led mixed-use development and Other activities. Its brands include Berkeley, which creates medium to large-scale developments in towns, cities and the countryside, encompassing executive homes, mixed use schemes, riverside apartments, refurbished historic buildings and urban loft spaces; St George, which is involved in mixed use sustainable regeneration in London; St James, which handles projects that embrace private residential development, commercial property, recreational and community facilities; St Edward, which offers residentially led developments, and St William.
Receive News & Ratings for Berkeley Group Holdings PLC Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for Berkeley Group Holdings PLC and related companies with MarketBeat.com's FREE daily email newsletter.