Berkeley Group (BKG) Price Target Increased to GBX 3,877 by Analysts at Barclays

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Berkeley Group (LON:BKG) had its target price raised by Barclays from GBX 3,873 ($50.61) to GBX 3,877 ($50.66) in a research note released on Monday. They currently have an underweight rating on the stock.

A number of other research firms have also recently weighed in on BKG. Liberum Capital increased 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 report on Monday. Credit Suisse Group reiterated an underperform rating on shares of Berkeley Group in a research note on Wednesday, December 12th. Peel Hunt restated a buy rating on shares of Berkeley Group in a research note on Friday, December 7th. Berenberg Bank lifted their target price on shares of Berkeley Group from GBX 3,360 ($43.90) to GBX 3,450 ($45.08) and gave the company a hold rating in a report on Friday, December 14th. Finally, Shore Capital raised shares of Berkeley Group to a hold rating in a report on Friday, December 7th. Five investment analysts have rated the stock with a sell rating, seven have issued a hold rating and two have issued a buy rating to the company. Berkeley Group has an average rating of Hold and an average target price of GBX 3,708.64 ($48.46).

Shares of BKG stock opened at GBX 3,848 ($50.28) on Monday. Berkeley Group has a 12-month low of GBX 2,903 ($37.93) and a 12-month high of GBX 4,270 ($55.80).

Berkeley Group (LON:BKG) last posted its earnings results on Friday, December 7th. The company reported GBX 246 ($3.21) earnings per share (EPS) for the quarter.

The firm also recently declared a dividend, which was paid on Wednesday, January 16th. Investors of record on Thursday, December 20th were issued a GBX 7.12 ($0.09) dividend. The ex-dividend date was Thursday, December 20th. This represents a dividend yield of 0.21%.

Berkeley Group Company Profile

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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