Deutsche Bank Aktiengesellschaft upgraded shares of The Berkeley Group (OTCMKTS:BKGFY) from a hold rating to a buy rating in a research note issued to investors on Friday morning, The Fly reports.
Other analysts have also issued reports about the company. Barclays upgraded The Berkeley Group from an underweight rating to an equal weight rating in a report on Monday, December 6th. Zacks Investment Research lowered The Berkeley Group from a hold rating to a sell rating in a report on Monday, November 15th. Three research analysts have rated the stock with a sell rating, two have assigned a hold rating and six have assigned a buy rating to the company’s stock. Based on data from MarketBeat, the company presently has an average rating of Hold and a consensus target price of $14.00.
BKGFY stock opened at $12.13 on Friday. The business’s 50-day moving average price is $12.44 and its two-hundred day moving average price is $32.58. The Berkeley Group has a 1-year low of $11.10 and a 1-year high of $16.28. The company has a current ratio of 3.07, a quick ratio of 0.90 and a debt-to-equity ratio of 0.09.
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 brand names.
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