Robert Perrins Buys 7,000 Shares of The Berkeley Group (LON:BKG) Stock

Key Points

  • Robert Perrins purchased 7,000 shares of The Berkeley Group on April 28 at an average price of GBX 3,245 per share, a total transaction value of £227,150.
  • Analyst sentiment is broadly positive—five Buys, one Hold and one Sell—resulting in a “Moderate Buy” consensus and a mean target price of GBX 4,199.57 versus the stock's recent level around GBX 3,236.
  • The shares trade below both their 50‑day (GBX 3,666.53) and 200‑day (GBX 3,864.72) moving averages; the company has a market cap of £3.04 billion, a P/E of 8.81, and a 12‑month range of GBX 2,796–4,442.

The Berkeley Group Holdings plc (LON:BKG - Get Free Report) insider Robert Perrins bought 7,000 shares of the business's stock in a transaction that occurred on Tuesday, April 28th. The stock was purchased at an average cost of GBX 3,245 per share, with a total value of £227,150.

The Berkeley Group Trading Down 1.2%

Shares of BKG stock opened at GBX 3,236 on Wednesday. The firm has a 50-day moving average price of GBX 3,666.53 and a 200 day moving average price of GBX 3,864.72. The Berkeley Group Holdings plc has a twelve month low of GBX 2,796 and a twelve month high of GBX 4,442. The company has a market capitalization of £3.04 billion, a price-to-earnings ratio of 8.81, a PEG ratio of -0.87 and a beta of 1.26. The company has a current ratio of 3.54, a quick ratio of 0.57 and a debt-to-equity ratio of 18.94.

Analyst Upgrades and Downgrades

A number of research firms have recently commented on BKG. Bank of America raised shares of The Berkeley Group to a "buy" rating and dropped their price objective for the company from GBX 4,080 to GBX 4,020 in a research note on Monday, March 30th. Berenberg Bank dropped 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. JPMorgan Chase & Co. dropped 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. Royal Bank Of Canada raised 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. Finally, Jefferies Financial Group reaffirmed a "buy" rating and set a GBX 4,598 price objective on shares of The Berkeley Group in a research note on Tuesday, April 7th. Five analysts have rated the stock with a Buy rating, one has assigned a Hold rating and one has issued a Sell rating to the company. According to data from MarketBeat.com, The Berkeley Group currently has an average rating of "Moderate Buy" and a consensus target price of GBX 4,199.57.




Get Our Latest Stock Report on BKG

The Berkeley Group Company Profile

(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.

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