Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) Receives Consensus Recommendation of “Hold” from Brokerages

Shares of Berkeley Group Holdings PLC Unsponsored ADR (OTCMKTS:BKGFY) have been assigned a consensus recommendation of “Hold” from the seven brokerages that are covering the stock, MarketBeat.com reports. Two analysts have rated the stock with a sell rating, three have given a hold rating and two have issued a buy rating on the company.

A number of equities research analysts have recently weighed in on BKGFY shares. Kepler Capital Markets downgraded Berkeley Group from a “hold” rating to a “strong sell” rating in a report on Thursday, July 2nd. Royal Bank Of Canada restated an “outperform” rating on shares of Berkeley Group in a research note on Thursday, June 25th. Zacks Research raised shares of Berkeley Group from a “strong sell” rating to a “hold” rating in a report on Tuesday, June 9th. Finally, Berenberg Bank lowered shares of Berkeley Group from a “strong-buy” rating to a “hold” rating in a research note on Friday, June 26th.

Berkeley Group Price Performance

BKGFY opened at $8.89 on Friday. The company has a current ratio of 3.58, a quick ratio of 0.70 and a debt-to-equity ratio of 0.18. The firm has a fifty day moving average price of $9.36 and a 200 day moving average price of $9.24. Berkeley Group has a 1 year low of $8.09 and a 1 year high of $12.54.

About Berkeley Group

The Berkeley Group Holdings plc, operating as Berkeley, is a United Kingdom-based residential property developer. The company acquires land, secures planning approvals and develops homes and mixed-use communities, with projects ranging from private housing to affordable housing and purpose-built student accommodation.

Berkeley serves customers primarily in London, the surrounding South East of England and selected parts of the South West. Its developments commonly include apartments and houses alongside public spaces, community facilities, retail areas and other infrastructure.