Berkeley Group Holdings PLC (LON:BKG)‘s stock had its “buy” rating reissued by analysts at Deutsche Bank AG in a note issued to investors on Wednesday. They currently have a GBX 3,829 ($47.84) target price on the stock. Deutsche Bank AG’s price target would indicate a potential upside of 58.22% from the company’s current price.
A number of other analysts have also recently weighed in on BKG. Liberum Capital restated a “buy” rating and issued a GBX 2,728 ($34.08) price target on shares of Berkeley Group Holdings PLC in a report on Tuesday, September 6th. Credit Suisse Group AG raised their price target on shares of Berkeley Group Holdings PLC from GBX 2,005 ($25.05) to GBX 2,162 ($27.01) and gave the company an “underperform” rating in a report on Friday, September 23rd. JPMorgan Chase & Co. restated an “overweight” rating and issued a GBX 3,200 ($39.98) price target on shares of Berkeley Group Holdings PLC in a report on Wednesday, September 7th. Canaccord Genuity restated a “buy” rating and issued a GBX 2,750 ($34.36) price target on shares of Berkeley Group Holdings PLC in a report on Tuesday, October 4th. Finally, Beaufort Securities restated a “buy” rating on shares of Berkeley Group Holdings PLC in a report on Wednesday, September 7th. Two analysts have rated the stock with a sell rating, four have given a hold rating and eight have assigned a buy rating to the company. The stock has a consensus rating of “Hold” and a consensus price target of GBX 3,296.46 ($41.19).
Shares of Berkeley Group Holdings PLC (LON:BKG) traded down 0.90% during mid-day trading on Wednesday, reaching GBX 2427.71. 556,180 shares of the company traded hands. The firm’s market capitalization is GBX 3.35 billion. The firm has a 50-day moving average price of GBX 2,426.19 and a 200 day moving average price of GBX 2,680.89. Berkeley Group Holdings PLC has a 52 week low of GBX 2,015.00 and a 52 week high of GBX 3,788.00.
In other news, insider Li,Adrian bought 10,000 shares of the business’s stock in a transaction dated Friday, September 16th. The stock was purchased at an average cost of GBX 2,570 ($32.11) per share, with a total value of £257,000 ($321,089.46). Also, insider Richard Stearn sold 10,030 shares of Berkeley Group Holdings PLC stock in a transaction that occurred on Friday, September 30th. The shares were sold at an average price of GBX 2,458 ($30.71), for a total transaction of £246,537.40 ($308,017.74).