Analysts Set Berkeley Group Holdings PLC (BKG) Target Price at $3,616.00

Shares of Berkeley Group Holdings PLC (LON:BKG) have been assigned a consensus rating of “Hold” from the fifteen brokerages that are presently covering the company, Marketbeat reports. Two research analysts have rated the stock with a sell rating, four have given a hold rating and nine have given a buy rating to the company. The average twelve-month price objective among analysts that have covered the stock in the last year is GBX 3,616 ($47.54).

A number of analysts have recently weighed in on the stock. J P Morgan Chase & Co upped their price target on shares of Berkeley Group Holdings PLC from GBX 3,600 ($47.33) to GBX 4,000 ($52.59) and gave the stock an “overweight” rating in a report on Friday, September 29th. Peel Hunt upped their price target on shares of Berkeley Group Holdings PLC from GBX 4,390 ($57.72) to GBX 4,660 ($61.27) and gave the stock a “buy” rating in a report on Wednesday, September 27th. Bank of America Corporation reaffirmed an “underperform” rating and set a GBX 2,850 ($37.47) price target on shares of Berkeley Group Holdings PLC in a report on Tuesday, September 12th. Credit Suisse Group upped their price target on shares of Berkeley Group Holdings PLC from GBX 2,162 ($28.42) to GBX 2,985 ($39.25) and gave the stock an “underperform” rating in a report on Monday, September 11th. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 3,317 ($43.61) price target on shares of Berkeley Group Holdings PLC in a report on Wednesday, September 6th.

COPYRIGHT VIOLATION NOTICE: This story was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this story on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/09/analysts-set-berkeley-group-holdings-plc-bkg-target-price-at-3616-00.html.

Berkeley Group Holdings PLC (LON:BKG) traded down 0.24% during mid-day trading on Wednesday, hitting GBX 3783.00. 306,910 shares of the stock traded hands. The firm’s market cap is GBX 5.19 billion. The firm’s 50-day moving average price is GBX 3,656.61 and its 200-day moving average price is GBX 3,403.44. Berkeley Group Holdings PLC has a 52 week low of GBX 2,286.00 and a 52 week high of GBX 3,819.00.

In other news, insider Glyn Barker sold 900 shares of the stock in a transaction on Friday, September 8th. The shares were sold at an average price of GBX 3,576 ($47.02), for a total transaction of £32,184 ($42,313.96). Also, insider Robert C. G. Perrins sold 500,000 shares of the stock in a transaction on Thursday, September 7th. The stock was sold at an average price of GBX 3,575 ($47.00), for a total transaction of £17,875,000 ($23,501,183.28). Over the last quarter, insiders have sold 510,930 shares of company stock valued at $1,828,371,020.

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 devel

A number of analysts have recently weighed in on the stock. J P Morgan Chase & Co upped their price target on shares of Berkeley Group Holdings PLC from GBX 3,600 ($47.33) to GBX 4,000 ($52.59) and gave the stock an “overweight” rating in a report on Friday, September 29th. Peel Hunt upped their price target on shares of Berkeley Group Holdings PLC from GBX 4,390 ($57.72) to GBX 4,660 ($61.27) and gave the stock a “buy” rating in a report on Wednesday, September 27th. Bank of America Corporation reaffirmed an “underperform” rating and set a GBX 2,850 ($37.47) price target on shares of Berkeley Group Holdings PLC in a report on Tuesday, September 12th. Credit Suisse Group upped their price target on shares of Berkeley Group Holdings PLC from GBX 2,162 ($28.42) to GBX 2,985 ($39.25) and gave the stock an “underperform” rating in a report on Monday, September 11th. Finally, Liberum Capital reaffirmed a “hold” rating and set a GBX 3,317 ($43.61) price target on shares of Berkeley Group Holdings PLC in a report on Wednesday, September 6th.

COPYRIGHT VIOLATION NOTICE: This story was first published by The Ledger Gazette and is owned by of The Ledger Gazette. If you are reading this story on another publication, it was illegally copied and reposted in violation of international trademark and copyright law. The legal version of this story can be viewed at https://ledgergazette.com/2017/10/09/analysts-set-berkeley-group-holdings-plc-bkg-target-price-at-3616-00.html.

Berkeley Group Holdings PLC (LON:BKG) traded down 0.24% during mid-day trading on Wednesday, hitting GBX 3783.00. 306,910 shares of the stock traded hands. The firm’s market cap is GBX 5.19 billion. The firm’s 50-day moving average price is GBX 3,656.61 and its 200-day moving average price is GBX 3,403.44. Berkeley Group Holdings PLC has a 52 week low of GBX 2,286.00 and a 52 week high of GBX 3,819.00.

In other news, insider Glyn Barker sold 900 shares of the stock in a transaction on Friday, September 8th. The shares were sold at an average price of GBX 3,576 ($47.02), for a total transaction of £32,184 ($42,313.96). Also, insider Robert C. G. Perrins sold 500,000 shares of the stock in a transaction on Thursday, September 7th. The stock was sold at an average price of GBX 3,575 ($47.00), for a total transaction of £17,875,000 ($23,501,183.28). Over the last quarter, insiders have sold 510,930 shares of company stock valued at $1,828,371,020.

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.

Analyst Recommendations for Berkeley Group Holdings PLC (LON:BKG)

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