Berkeley Group Holdings PLC (LON:BKG) insider John Armitt sold 1,000 shares of Berkeley Group stock in a transaction dated Monday, December 11th. The shares were sold at an average price of GBX 4,103 ($55.22), for a total value of £41,030 ($55,222.07).
Shares of Berkeley Group Holdings PLC (LON BKG) traded up GBX 3 ($0.04) during mid-day trading on Monday, hitting GBX 4,116 ($55.40). The stock had a trading volume of 1,002,441 shares, compared to its average volume of 826,230. Berkeley Group Holdings PLC has a 1-year low of GBX 2,724 ($36.66) and a 1-year high of GBX 4,235 ($57.00).
Berkeley Group (LON:BKG) last issued its quarterly earnings results on Friday, December 8th. The company reported GBX 316.60 ($4.26) earnings per share for the quarter. Berkeley Group had a return on equity of 32.51% and a net margin of 25.54%. The business had revenue of GBX 160.77 billion for the quarter.
Several research firms have issued reports on BKG. J P Morgan Chase & Co lifted their target price on Berkeley Group from GBX 3,600 ($48.45) to GBX 4,000 ($53.84) and gave the company an “overweight” rating in a research note on Friday, September 29th. Canaccord Genuity reiterated a “hold” rating and issued a GBX 3,940 ($53.03) target price on shares of Berkeley Group in a research note on Friday. Deutsche Bank lifted their target price on Berkeley Group from GBX 3,951 ($53.18) to GBX 4,017 ($54.06) and gave the company a “hold” rating in a research note on Monday. Shore Capital reiterated a “hold” rating on shares of Berkeley Group in a research note on Friday. Finally, Liberum Capital reiterated a “hold” rating and issued a GBX 3,317 ($44.64) target price on shares of Berkeley Group in a research note on Friday. Three equities research analysts have rated the stock with a sell rating, five have given a hold rating and six have given a buy rating to the stock. The company presently has a consensus rating of “Hold” and a consensus price target of GBX 3,657.83 ($49.23).
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Berkeley Group 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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