Key Points
- Insider purchase: Director Rachel Downey bought 575 shares on April 15 at an average price of GBX 3,449, a transaction worth approximately £19,831.75.
- Market and analyst context: Shares opened at GBX 3,382—below the 50‑day (GBX 3,833) and 200‑day (GBX 3,896) moving averages—while analysts hold a consensus "Moderate Buy" with an average target of about GBX 4,199.57 (five Buys, one Hold, one Sell).
The Berkeley Group Holdings plc (LON:BKG - Get Free Report) insider Rachel Downey acquired 575 shares of the stock in a transaction dated Wednesday, April 15th. The stock was bought at an average price of GBX 3,449 per share, with a total value of £19,831.75.
The Berkeley Group Stock Performance
LON:BKG opened at GBX 3,382 on Thursday. The company has a fifty day moving average of GBX 3,833.42 and a 200-day moving average of GBX 3,895.80. The firm has a market capitalization of £3.18 billion, a P/E ratio of 9.20, a P/E/G ratio of -0.87 and a beta of 1.26. The company has a quick ratio of 0.57, a current ratio of 3.54 and a debt-to-equity ratio of 18.94. The Berkeley Group Holdings plc has a twelve month low of GBX 2,796 and a twelve month high of GBX 4,442.
Analyst Ratings Changes
Several research firms have recently weighed in on BKG. Royal Bank Of Canada upgraded shares of The Berkeley Group to a "sector perform" rating and set a GBX 3,900 price objective for the company in a research note on Wednesday, April 1st. Berenberg Bank lowered their price objective on shares of The Berkeley Group from GBX 4,500 to GBX 4,000 and set a "buy" rating for the company in a research note on Thursday, April 2nd. Bank of America upgraded shares of The Berkeley Group to a "buy" rating and lowered their price objective for the company from GBX 4,080 to GBX 4,020 in a research note on Monday, March 30th. JPMorgan Chase & Co. lowered their price objective on shares of The Berkeley Group from GBX 5,000 to GBX 4,200 and set an "overweight" rating for the company in a research note on Thursday, April 2nd. Finally, Jefferies Financial Group reiterated a "buy" rating and issued a GBX 4,598 price objective on shares of The Berkeley Group in a research note on Tuesday, April 7th. Five investment analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has given a Sell rating to the stock. According to MarketBeat.com, the company currently has a consensus rating of "Moderate Buy" and an average target price of GBX 4,199.57.
Read Our Latest Research Report on The Berkeley Group
About The Berkeley Group
(
Get Free Report)
At Berkeley Group we build homes and neighbourhoods across London, Birmingham and the South of England.
Our passion and purpose is to build quality homes, strengthen communities and make a positive difference to people's lives. We use our sustained commercial success to make valuable and enduring contributions that benefit all our stakeholders.
We specialise in brownfield regeneration, working closely with local communities and councils to revive underused land and create homes where they are needed most.
See Also
This instant news alert was generated by narrative science technology and financial data from InsiderTrades.com in order to provide readers with the fastest and most accurate reporting. Please send any questions or comments about this story to [email protected].
