Peel Hunt Reaffirms “Add” Rating for Berkeley Group (BKG)

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Berkeley Group (LON:BKG)‘s stock had its “add” rating reissued by investment analysts at Peel Hunt in a research note issued on Friday.

Several other research firms have also commented on BKG. Shore Capital reissued a “hold” rating on shares of Berkeley Group in a research note on Friday. Barclays boosted their price objective on shares of Berkeley Group from GBX 3,873 ($50.61) to GBX 3,877 ($50.66) and gave the stock an “underweight” rating in a research note on Monday, February 11th. Berenberg Bank dropped their price objective on shares of Berkeley Group from GBX 3,450 ($45.08) to GBX 3,280 ($42.86) and set a “hold” rating on the stock in a research note on Monday, January 28th. Liberum Capital boosted their price objective on shares of Berkeley Group from GBX 3,400 ($44.43) to GBX 3,750 ($49.00) and gave the stock a “hold” rating in a research note on Monday, February 11th. Finally, Bank of America boosted their price objective on shares of Berkeley Group from GBX 2,850 ($37.24) to GBX 3,300 ($43.12) and gave the stock an “underperform” rating in a research note on Friday, January 11th. Five analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the stock. The company currently has a consensus rating of “Hold” and an average price target of GBX 3,708.64 ($48.46).

LON:BKG opened at GBX 3,975 ($51.94) on Friday. Berkeley Group has a one year low of GBX 2,903 ($37.93) and a one year high of GBX 4,270 ($55.80).

About Berkeley Group

The Berkeley Group Holdings plc, together with its subsidiaries, engages in the residential-led and mixed-use property development activities in the United Kingdom. It operates under the Berkeley, St Edward, St George, St James, St Joseph, St William, Berkeley First, Berkeley Commercial, Berkeley Partnership, and Berkeley Modular brands.

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Analyst Recommendations for Berkeley Group (LON:BKG)

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