Berkeley Group (LON:BKG)‘s stock had its “hold” rating reissued by research analysts at Deutsche Bank in a report released on Monday. They presently have a GBX 4,017 ($54.06) price target on the stock. Deutsche Bank’s price objective would suggest a potential downside of 4.31% from the company’s previous close.

A number of other analysts also recently weighed in on BKG. Numis Securities upped their target price on shares of Berkeley Group from GBX 3,413 ($45.94) to GBX 3,600 ($48.45) and gave the stock a “hold” rating in a research report on Friday, December 8th. Barclays downgraded shares of Berkeley Group to an “underweight” rating and set a GBX 3,628 ($48.83) target price on the stock. in a research report on Monday, October 30th. Shore Capital reaffirmed a “hold” rating on shares of Berkeley Group in a research report on Friday, December 8th. Credit Suisse Group upped their target price on shares of Berkeley Group from GBX 2,162 ($29.10) to GBX 2,985 ($40.17) and gave the stock an “underperform” rating in a research report on Monday, September 11th. Finally, Liberum Capital reaffirmed a “hold” rating and issued a GBX 3,317 ($44.64) target price on shares of Berkeley Group in a research report on Wednesday, September 6th. Three investment analysts have rated the stock with a sell rating, seven have issued a hold rating and four have given a buy rating to the company. The stock currently has a consensus rating of “Hold” and an average price target of GBX 3,704.17 ($49.85).

Shares of Berkeley Group (LON:BKG) opened at GBX 4,198 ($56.50) on Monday. Berkeley Group has a 12-month low of GBX 2,771 ($37.29) and a 12-month high of GBX 4,235 ($57.00).

Berkeley Group (LON:BKG) last posted its quarterly earnings results on Friday, December 8th. The company reported GBX 316.60 ($4.26) EPS for the quarter. Berkeley Group had a net margin of 25.54% and a return on equity of 32.51%. The company had revenue of GBX 160.77 billion during the quarter.

In other Berkeley Group news, insider Richard Stearn sold 10,030 shares of the stock in a transaction that occurred on Monday, October 2nd. The shares were sold at an average price of GBX 3,754 ($50.52), for a total transaction of £376,526.20 ($506,764.74). Also, insider John Armitt sold 1,000 shares of the stock in a transaction that occurred on Monday, December 11th. The shares were sold at an average price of GBX 4,103 ($55.22), for a total transaction of £41,030 ($55,222.07). Insiders sold a total of 513,030 shares of company stock valued at $1,974,305,620 over the last three months.

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About Berkeley Group

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.

Analyst Recommendations for Berkeley Group (LON:BKG)

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