Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Given Consensus Rating of “Hold” by Brokerages

Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) has earned a consensus recommendation of “Hold” from the seven brokerages that are covering the company, Marketbeat Ratings reports. Two equities research analysts have rated the stock with a sell recommendation, three have assigned a hold recommendation and two have assigned a buy recommendation to the company.

A number of research firms have recently commented on BKGFY. Kepler Capital Markets cut Berkeley Group from a “hold” rating to a “strong sell” rating in a research note on Thursday, July 2nd. Berenberg Bank downgraded Berkeley Group from a “strong-buy” rating to a “hold” rating in a report on Friday, June 26th. Royal Bank Of Canada reiterated an “outperform” rating on shares of Berkeley Group in a research note on Thursday, June 25th. Finally, Zacks Research raised shares of Berkeley Group from a “strong sell” rating to a “hold” rating in a research report on Tuesday, June 9th.

Berkeley Group Trading Up 1.3%

Shares of BKGFY stock opened at $9.82 on Friday. The stock has a fifty day moving average of $9.27 and a 200 day moving average of $9.79. Berkeley Group has a 52 week low of $8.09 and a 52 week high of $12.54. The company has a quick ratio of 0.70, a current ratio of 3.58 and a debt-to-equity ratio of 0.18.

About Berkeley Group

Berkeley Group Holdings plc is a leading UK residential property developer specializing in urban regeneration and new-build communities. Founded in 1976 by Tony Pidgley, the company has built a reputation for delivering high-quality homes in London and the surrounding regions. Its core operations encompass land acquisition, planning, design, construction and sales, with an emphasis on creating mixed-use neighborhoods that integrate housing, public spaces and community amenities.

Over the decades, Berkeley Group has completed numerous landmark projects, including large-scale schemes at Kidbrooke Village, Royal Arsenal Riverside and Elephant Park in east London.