Berkeley Group Holdings PLC (BKG) Price Target Raised to GBX 3,908
Berkeley Group Holdings PLC (LON:BKG) had its price target increased by analysts at Deutsche Bank AG from GBX 3,746 ($48.63) to GBX 3,908 ($50.73) in a report issued on Thursday. The firm currently has a “buy” rating on the stock. Deutsche Bank AG’s price objective would suggest a potential upside of 5.79% from the company’s previous close.
BKG has been the subject of several other research reports. Jefferies Group LLC reaffirmed a “buy” rating and set a GBX 3,958 ($51.38) price objective on shares of Berkeley Group Holdings PLC in a research note on Monday, June 26th. Credit Suisse Group reaffirmed an “underperform” rating and set a GBX 2,162 ($28.07) price objective on shares of Berkeley Group Holdings PLC in a research note on Wednesday, April 19th. Canaccord Genuity boosted their price objective on shares of Berkeley Group Holdings PLC from GBX 3,530 ($45.83) to GBX 3,600 ($46.74) and gave the company a “buy” rating in a research note on Thursday, June 22nd. Numis Securities Ltd reaffirmed a “hold” rating and set a GBX 3,413 ($44.31) price objective on shares of Berkeley Group Holdings PLC in a research note on Thursday, June 22nd. Finally, Shore Capital reaffirmed a “hold” rating on shares of Berkeley Group Holdings PLC in a research note on Wednesday, June 21st. One analyst has rated the stock with a sell rating, four have issued a hold rating and nine have assigned a buy rating to the company. The stock presently has an average rating of “Buy” and an average price target of GBX 3,555.42 ($46.16).
Shares of Berkeley Group Holdings PLC (LON:BKG) opened at 3738.00 on Thursday. Berkeley Group Holdings PLC has a one year low of GBX 2,286.00 and a one year high of GBX 3,754.00. The company’s market cap is GBX 5.13 billion. The stock’s 50 day moving average is GBX 3,418.62 and its 200-day moving average is GBX 3,211.39.
Berkeley Group Holdings PLC Company Profile
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.
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