Key Points
- Insider buying: Neil Eady acquired 3,405 shares of The Berkeley Group at GBX 3,515 each, for a total investment of £119,685.75.
- Stock performance and fundamentals: Shares opened at GBX 3,556, up 0.6%, with a £3.26 billion market capitalization and a P/E ratio of 10.74. The company recently reported quarterly EPS of GBX 331.60 and revenue of GBX 238.33 billion.
- Analyst view: The stock has a “Moderate Buy” consensus rating, with five Buy, two Hold and one Sell ratings, while recent price targets have been mixed.
The Berkeley Group Holdings plc (LON:BKG - Get Free Report) insider Neil Eady acquired 3,405 shares of The Berkeley Group stock in a transaction on Tuesday, August 11th. The stock was acquired at an average cost of GBX 3,515 per share, for a total transaction of £119,685.75.
The Berkeley Group Stock Up 0.6%
Shares of The Berkeley Group stock opened at GBX 3,556 on Wednesday. The company has a quick ratio of 0.57, a current ratio of 3.58 and a debt-to-equity ratio of 18.24. The Berkeley Group Holdings plc has a 12 month low of GBX 2,796 and a 12 month high of GBX 4,442. The business has a fifty day simple moving average of GBX 3,462.30 and a 200 day simple moving average of GBX 3,610.17. The stock has a market cap of £3.26 billion, a PE ratio of 10.74, a price-to-earnings-growth ratio of -0.87 and a beta of 1.18.
The Berkeley Group (LON:BKG - Get Free Report) last announced its quarterly earnings results on Wednesday, June 24th. The company reported GBX 331.60 EPS for the quarter. The company had revenue of GBX 238.33 billion during the quarter. The Berkeley Group had a return on equity of 8.79% and a net margin of 13.36%.
Analysts Set New Price Targets
BKG has been the topic of several recent analyst reports. Jefferies Financial Group reduced their target price on The Berkeley Group from GBX 4,531 to GBX 4,517 and set a "buy" rating on the stock in a report on Tuesday, July 7th. Royal Bank Of Canada boosted their price objective on The Berkeley Group from GBX 3,850 to GBX 4,100 and gave the company an "outperform" rating in a research report on Thursday, June 25th. Berenberg Bank restated a "hold" rating and set a GBX 4,000 target price on shares of The Berkeley Group in a report on Friday, June 26th. Finally, Citigroup reduced their price target on shares of The Berkeley Group from £375.40 to £365 and set a "neutral" rating for the company in a report on Friday, June 26th. Five investment analysts have rated the stock with a Buy rating, two have issued a Hold rating and one has given a Sell rating to the stock. Based on data from MarketBeat, The Berkeley Group has a consensus rating of "Moderate Buy" and an average target price of GBX 8,252.
Get Our Latest Stock Analysis on The Berkeley Group
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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